Productivity is Bad: The Economy Follows
From Econintersect Combined RSS Feed
December 22, 2012 - 3:35am
Written by Steven Hansen
Pundits seem to comment on elements outside their comfort zone (areas of real expertise). Everyone is guilty from time-to-time. I know my comfort zones, and one is in labor and labor dynamics which formerly was the major part of my last life.
My least read analysis are ones on productivity - a particularly boring subject which most understand is important to profitability and competitiveness. Some believe it is a major building block of GDP. (The way productivity is calculated by the economists - it uses GDP components.) Following economic updates on productivity are the equivalent of being forced to watch snail racing on ESPN. Read more »
December 22, 2012 - 3:35am
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