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Exact(33)
Even more strikingly, segregation does not appear to be rising over time.
"The cost of these distortions is rising over time, posing increasing macro-financial risks".
There is also some evidence that this "CEO effect" has been rising over time.
In fact, the share of GDP accounted for by profits seems to be rising over time, so even a sub-par cyclical recovery may deliver outsized profits.
He says that share valuations do revert to trend, but the trend is rising over time (thanks to better economic stability and lower transaction costs).
For comparison, more than a billion people use Google's Gmail alone, and the same is true of Facebook Messenger, with both figures consistently rising over time.
Similar(27)
Yet the percentage of Americans who thought those policies helped the richest Americans the most actually rose over time.
But Schneider's star rose over time.
Bill Clinton's fees rose over time.
With integrative thinking, aspirations rise over time.
The number of hungry people rose over time.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com