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Albert Hirschman’s linkages, economic growth, and convergence yet again…

When you think about it, broadly speaking, the question of why we have seen such huge rises in the real wages of labor–of bare, unskilled labor not boosted by expensive and lengthy investments in...

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Must-read: Justin Fox: “About That U.S. Manufacturing Renaissance…”

Must-Read: Justin Fox: About That U.S. Manufacturing Renaissance…: “After a brutal period of downsizing and reorganizing… …the U.S. manufacturing sector has become the most competitive in the world....

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Must-read: Martin Sandbu: “Manufacturing didn’t leave; it left workers behind”

Must-Read: Martin Sandbu: Manufacturing didn’t leave; it left workers behind: “America’s blue-collar aristocracy fell on hard times long ago… …but its ghost remains influential in politics. That much...

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Must-read: Dean Baker: “The Elite’s Comforting Myth: We Had to Screw Rich...

Must-Read: Dean Baker: The Elite’s Comforting Myth: We Had to Screw Rich Country Workers to Help the World’s Poor: “Roger Cohen gave us yet another example of touching hand-wringing from elite types…...

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Must-Read: Nick Bunker: How the U.S. Housing Boom Hid Weaknesses in the Labor...

Must-Read: But I cannot help but think that the argument of this paper is fundamentally wrong: Nick Bunker: How the U.S. Housing Boom Hid Weaknesses in the Labor Market: “The share of workers ages 25...

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Must-Read: Paul Krugman: Trade and Jobs: A Note

Must-Read: Ah. I’ve been waiting for Paul Krugman to write up something like this… I think that he is, of course, correct. The estimated effects of the China shock on individual regions and labor...

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Expenditure Shares, Price Measurement, and True Relative Labor Productivity...

Tuesday Morning Distraction: Well, I was supposed to be sitting three tables down from Aaron Edlin at the Claremont Peets this morning doing research. But I got myself distracted–convinced myself that...

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NAFTA and Other Trade Deals Have Not Gutted American Manufacturing—Period:...

Live at Vox.com: NAFTA and Other Trade Deals Have Not Gutted American Manufacturing—Period: Politically speaking, there was no debate on United States international trade agreements in 2016: All...

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Where US Manufacturing Jobs Really Went

Project Syndicate: J. Bradford DeLong: Where US Manufacturing Jobs Really Went: In the two decades from 1979 to 1999, the number of manufacturing jobs in the United States drifted downward, from 19...

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