Why Workers Are Getting Less of What the Economy Produces | Off The Clock
2026-10-03 · 46 min · 19 entities
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Feed author/publisher: Justin Wolfers
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Feed author/publisher: Platypus Economics
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Link in episode "Why Workers Are Getting Less of What the Economy Produces | Off The Clock": https://youtube.com/platypuseconomics
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Link in episode "Why Workers Are Getting Less of What the Economy Produces | Off The Clock": https://newsletter.platypuseconomics.com/
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Link in episode "Why Workers Are Getting Less of What the Economy Produces | Off The Clock": https://platypuseconomics.com/podcast
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Link in episode "Why Workers Are Getting Less of What the Economy Produces | Off The Clock": https://youtube.com/platypuseconomics
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Link in episode "Why Workers Are Getting Less of What the Economy Produces | Off The Clock": https://newsletter.platypuseconomics.com/
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Link in episode "Why Workers Are Getting Less of What the Economy Produces | Off The Clock": https://platypuseconomics.com/podcast
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Link in episode "Why Workers Are Getting Less of What the Economy Produces | Off The Clock": https://youtube.com/platypuseconomics
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Link in episode "Why Workers Are Getting Less of What the Economy Produces | Off The Clock": https://newsletter.platypuseconomics.com/
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Link in episode "Why Workers Are Getting Less of What the Economy Produces | Off The Clock": https://platypuseconomics.com/podcast
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Why Workers Are Getting Less of What the Economy Produces | Off The Clock
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Feed author/publisher: Justin Wolfers
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Feed author/publisher: Justin Wolfers
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Feed author/publisher: Platypus Economics
Episode description as stored
Justin Wolfers and Bloomberg columnist Stacey Vanek Smith slow down to unpack the one number that quietly shapes your paycheck: labor's share of income. For most of modern history, workers took home about two-thirds of the pie. Today it's down to 53% — and the rest goes to the people who own the companies, not the ones who show up to work. Then the stakes get bigger.
Justin argues that past $100 million, the only thing money buys is power — and in an election decided by 115,000 votes, one billionaire's checkbook could theoretically swing thousands more. The same logic drives the AI question: the same technology makes your life utopian if you own the robot and dystopian if your boss does.
From the first-ever live edition of Off the Clock, recorded at Stanford.
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