I have always been attracted to technology because it enables me to get more done with the same number of work hours. That’s essentially what productivity growth offers an economy. When ...
Technology investments, policy, and immigration all have contributed to a 2.6% increase in productivity growth in the past ...
For example, the growth in total factor productivity for the next 10 years projected by the US Congressional Budget Office is about half the rate achieved in the 1930s. This type of empirical analysis ...