m**c 发帖数: 7349 | 1 On the pessimists’ side the strongest argument relies not on closely
watching corporate and investor behaviour but rather on macro-level
statistics on productivity.
The figures from recent years are truly dismal. Karim Foda, of the Brookings
Institution, calculates that labour productivity in the rich world is
growing at its slowest rate since 1950.
Total factor productivity (which tries to measure innovation) has grown at
just 0.1% in advanced economies since 2004, well below its historical
average. |
|