DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister ...
Read More »We’ve become much more productive than it looks
Earlier this year I suggested that there was a problem with the tools we use to measure economic productivity: “The way we capture formal productivity data hasn’t kept up with modern ways of doing business. As a result, I believe economists underestimate productivity increases.†I have since refined that conclusion: Productivity models don’t properly capture gains created by the ...
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