As goes productivity, so goes wages. Right?

Update: 2024-12-27

Description

When workers get more productive, higher wages might follow. So what about jobs that just can’t get more productive? In this episode, we explain why those workers’ wages may rise anyway — a concept called the Baumol effect — with help from an economist who’s also an amateur bassoonist. Plus, the trade deficit is no sweat, a Georgia program trains refugees for tech jobs and we check in with an urban tour guide in Kansas City.

Comments

Top Podcasts

The Best New Comedy Podcast Right Now – June 2024 The Best News Podcast Right Now – June 2024 The Best New Business Podcast Right Now – June 2024 The Best New Sports Podcast Right Now – June 2024 The Best New True Crime Podcast Right Now – June 2024 The Best New Joe Rogan Experience Podcast Right Now – June 20 The Best New Dan Bongino Show Podcast Right Now – June 20 The Best New Mark Levin Podcast – June 2024

In Channel

That’s a headscratcher

2025-01-2229:29

Sorry, we can’t hear you through all the economic noise

2025-01-2027:38

Credit keeps consumers consuming

2025-01-1728:38

All hail the U.S. consumer!

2025-01-1728:50

Raising the roof

2025-01-1629:19

“Their job is to make money. My job is to protect America’s national security.”

2025-01-1428:33

Fuel inefficiency

2025-01-1428:55

Displaced when housing is already strained

2025-01-1128:59

Measuring uncertainty

2025-01-1028:05

The cost of wildfires

2025-01-0828:29

Port workers and employers restart talks

2025-01-0827:56

What’s a dollar worth?

2025-01-0727:01

The deal with steel

2025-01-0328:00

New Congress, same debt drama

2025-01-0227:06

Happy New Year! The cold weather could cost you.

2025-01-0127:45