Wealth and Productivity
Posted by fredtopeka on September 3, 2007
I was going to compare the productivity of the US to its wealth. A report noted that the US has the highest productivity per capita of any country and has the second highest output per hour worked (behind Norway). I wanted to see where the US ranked in terms of median income because the US has one of the highest income inequalities of the developed countries. I found that the US was 8th in terms of competitiveness and somewhere about 10th in terms of other economic terms, but I was unable to find the median income for all the countries. It must be there and is probably in an obvious place, but … If anyone knows where, please let me know.
It is good to see that the US is still one of the leading economies.