Wage growth is low, but household income growth is high. How can that be?

Basic macroeconomics helps solve some of the strange economic patterns of 2022

Welcome to new subscribers. If you like this article, please check out some of my other posts related to economic theory, such as:

1. The wrong lesson from Adam Smith’s pin factory

2. Mysteries of inflation measurement

3. Do economists know opportunity cost when they see it?

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