The Human Action Podcast

Are Workers Being Paid Their Product? Watch Out for Misleading Charts

Human Action Podcast
Robert P. Murphy Jonathan Newman

Dr. Jonathan Newman joins Bob to break down the data used in a popular productivity vs. pay graph. They show why you should be wary of charts coming from agenda-driven institutions and how you can spot manipulated data.

The charts mentioned during this episode are available at: Mises.org/HAP414Charts

Gene Epstein on the Bob Murphy Show: Mises.org/HAP414a The Economic Policy Institute 2022 Paper: Mises.org/HAP414b The Economic Policy Institute 2015 Paper: Mises.org/HAP414c Gene Epstein’s Mises University ‘Dirty Data’ Lecture: Mises.org/HAP414d FRED Blog Post on the Chart and Price Indices: Mises.org/HAP414e

 

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