Maybe we aren’t measuring the right things, or we’re not measuring things right. Or maybe we have the wrong ruler.
|Apr 11, 2017||Subscriber's post|
Pick your measurements carefully
Neil Irwin digs into the mystery of productivity:
Productivity is one of the most important yet least understood areas of economics. Over long periods, it is the only pathway toward higher levels of prosperity; the reason an American worker makes much more today than a century ago is that each hour of labor produces much m…