question archive Economist columnist Ryan Avent stated in his book The Wealth of Humans that the average inflation-adjusted wage grew just under 1% per year in the period between 1980 and 2014, but only a paltry 0
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Economist columnist Ryan Avent stated in his book The Wealth of Humans that the average inflation-adjusted wage grew just under 1% per year in the period between 1980 and 2014, but only a paltry 0.1% per year when the median wage is considered.
Critically examine this issue by conducting your own research, and explain what this difference between mean and median wage growth means for income distribution in the U.S.