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Scott analyzes wage stagnation since 1973, examining various explanations and concluding that while wages have risen 40-50%, there is still significant decoupling from productivity due to multiple factors.
Scott Alexander summarizes and analyzes various critiques of Thomas Piketty's 'Capital in the Twenty-First Century', finding that many of Piketty's key claims don't hold up well under scrutiny.
Scott Alexander reviews Piketty's 'Capital in the Twenty-First Century', finding its analysis of long-term economic trends and inequality compelling but pessimistic about proposed solutions.