Is Productivity Growth Becoming Irrelevant?

8/14/2017

This blog post questions the relevance of productivity growth in today's economic landscape. It argues that traditional measures of productivity fail to capture the full benefits and costs associated with technological advancements and the changing nature of work. The post suggests that focusing solely on productivity as a measure of economic success may lead to misguided policies and neglect other important aspects of societal well-being, such as income distribution and job quality. The author proposes a broader framework for evaluating economic progress that takes into account both productivity and other socio-economic factors. Overall, the blog post prompts a critical examination of the concept of productivity and its role in shaping our economic priorities.

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