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

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: https://Mises.org/HAP414Charts Gene Epstein on the Bob Murphy Show: https://Mises.org/HAP414a The Economic Policy Institute 2022 Paper: https://Mises.org/HAP414b The Economic Policy Institute 2015 Paper: https://Mises.org/HAP414c Gene Epstein's Mises University 'Dirty Data' Lecture: https://Mises.org/HAP414d FRED Blog Post on the Chart and Price Indices: https://Mises.org/HAP414e