labor
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement May 28, 2024 by Morgan Housel · across every show →
Everything said about labor, oldest first
May 28, 2024
Housel: Economic spoils cyclically alternate between labor and capital
“There's always a pendulum between labor and capital. Workers and investors, and it kind of swings back and forth of who's taking the lion's share of the spoils in this economy. In the 19 twenties, it was capital. From the 19, probably fifties to seventies, it …”