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Friday, 13 March 2015

Some observers attribute this to the greater productivity increases gained by "knowledge workers" in an increasingly global economy.

http://www.dailyfinance.com/2010/12/11/americas-economic-illness-baumols-dis/#articleHeader

Some observers attribute this to the greater productivity increases gained by "knowledge workers" in an increasingly global economy, and this is undoubtedly a significant factor. But other factors are at work as well. 

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