← Observatory

K-Scope: The Structure Underneath

How productivity gains flow through the American economy, 1947–2026. 78 years of data decomposed into eight measurable channels—from healthcare benefits to QE amplification to the demographic lock.

This dashboard traces the structure underneath the aggregate. The data updates from FRED. Every chart shows the same economy from a different angle.

Act I — Convergence

1947 – 1973

Productivity and compensation rise together. Labor's share of income is stable. The baseline.

Act II — Decoupling

1973 – 2008

The lines separate. Productivity keeps climbing. Compensation flattens. Where does the difference go?

Act III — Acceleration

2008 – present

QE, asset inflation, and the mechanisms that amplified the divergence.

Access — Housing & Education

1960 – present

Supply constraints and cost disease — the channels that determine who participates in asset appreciation.

The Punchline

2005 – present

The thing everyone thinks caused it… didn't.