The wage share has been falling across the world as inequality has increased in recent decades. A co-ordinated rise is needed, starting in Europe, to reverse that. Old economic ‘truths’ are being re-evaluated by economists and international organisations. Obsolete thoughts—such as that an equal income distribution is a threat to growth—have been replaced by a […]
About Thomas Carlén
Thomas Carlén is an economist at the Swedish Trade Union Confederation (LO Sweden).