28日エントリで紹介した労働分配率の低下に関するノアピニオン氏の説明に、デロングが異を唱えていた。 There is, in my view, a fifth—and a much more likely—possibility: the low-pressure economy. The first misstep Noah takes is in saying that 100% of national income is divided between "labor" and "capital". It is not. Entrepreneurship, risk-bearing, innovation, monopoly rents, and other factors are rolled into the non-labor share as well. It's not th