<p>Economist Lester Thurow said, "It used to be that if you were an American and relatively unskilled, you got an American premium, cause you'd work with more raw materials, better capital, better technology, so you would get more competitive wages."</p>

<p>Can you provide examples of what he means by this?</p>

<macroeconomics>
Falling Real Wages
Flint Knudsen
# Falling Real Wages

(Asked by: username_0 on 2020-02-19)

Economist Lester Thurow said, "It used to be that if you were an American and relatively unskilled, you got an American premium, cause you'd work with more raw materials, better capital, better technology, so you would get more competitive wages."

Can you provide examples of what he means by this?

**Tags:** macroeconomics

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## 0 answers

