Refuting Rauch and EPI on the Economics of Productivity

Hard Work U 3

(Guest post by Greg Forster)

Many readers of JPGB will be familiar with the hard-left, union-friendly Economic Policy Institute. A recent article by Jonthan Rauch uses some EPI graphs to argue that the U.S. economy no longer rewards working-class employees for productivity. Over on Hang Together, I say the graphs are deceptive. The problem is a decline in productivity in the workers, caused by – JPGB readers will be shocked – lousy K-12 schools (and also a loss of the older religious work ethic).

If you’re familiar with EPI’s work, you won’t be surprised – Jay, Marcus and I took on some very shoddy work they did on teacher pay back in Education Myths.

This entry was posted on Wednesday, December 12th, 2012 at 2:03 pm and is filed under economics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to Refuting Rauch and EPI on the Economics of Productivity

  1. Most American men, both in and out of work, are in DEEP trouble. Why, and what can we do about it? | Grateful to the dead says:
    December 14, 2012 at 11:02 am

    […] Refuting Rauch and EPI on the Economics of Productivity (jaypgreene.com) […]

    Reply

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s

%d bloggers like this: