Economics with Mani
Covering the entire globe, I try to explain economics in an engaging manner.
Economics with Mani
14 - Why is Wage Growth So SLOW?
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Manraj Nijjar
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Season 1
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Episode 14
Over the past few decades wage growth has been very slow. I explain why this is an issue given how inflation is soaring. I give two potential explanations: decentralised labour markets (enterprise bargaining) and slow productivity growth.
Full video: https://youtu.be/_JkShN7ZeCY
More videos:
When was US inflation LAST this HIGH? - https://youtu.be/kxFes-Hil7c
The Inflation Reduction Act - https://youtu.be/_y9VVm8Ee3s
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