crossingwallstreet.com - 11/5/2009
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I'm simply stunned by today's report on productivity.
The productivity of U.S. workers surged in the third quarter at the fastest pace in six years as companies squeezed more from remaining staff to boost profits.
The measure of employee output per hour jumped at a 9.5 percent annual rate, ...
Productivity: Don't Watch the Latest Number
businessweek.com 8/12/2009 — The second quarter productivity numbers came out today, and they were a mixed bag. On the good side, nonfarm business productivity looked like it jumped at a 6.4% annual rate in the second quarter. Manufacturing productivity, according to the ...
Why I’m sick of hearing about “productivity”
tvhe.co.nz 3/18/2009 — There is nothing wrong with productivity, I love productivity. But why does this government have to bang on about it like it is an issue they actually have control over.
Increasing productivity implies that we can make more stuff for the same amount of labour and capital - now this is a ...
Productivity Measured in Good
econlog.econlib.org 3/6/2009 — (March 4, 2009 05:45 PM, by Arnold Kling) Mark Perry crunches some numbers. In 1950, it would have taken almost 8 months of full-time work at the average manufacturing wage to earn the $1,650 needed to purchase the 16 items above at the retail prices ...
So tired …
tvhe.co.nz 5/15/2009 — Of productivity talk. On dicussing the NZIER report (which we discussed here ) Kiwiblog mentions :
Productivity growth is all important.
Productivity is a ratio - I could increase it right now by shooting half the population. It is the output that matters here, and how much we have to ...
Missing the point on productivity
tvhe.co.nz 7/22/2009 — I hate the “goal” of productivity growth personally. I think any policy goals we have should be based on equity and allocative efficiency, not trying to make arbitrary ratios look pretty .
However, I also disagree with Idiot/Savant’s description of productivity and how he ...
A Computer Geek’s Smart Productivity Guide
deepmarket.com 17 days ago — With all distractions that modern life brings, it's not easy to keep your productivity up. Whether you're an enthusiastic procrastinator, or just happen to have very little time at hand, there are a lot of people who really can't afford to lose sight of business. However, by playing your ...
Baumol’s cost disease: An issue of government productivity
tvhe.co.nz 7/21/2009 — Often I have heard people bring up “ Baumol’s cost disease ” as a reason for why labour productivity and wages can be unrelated.
Effectively, the argument is that if labour productivity rises in one sector it increases the demand for labour which in turn drives up wages in ...
Was recent productivity growth an illusion?
marginalrevolution.com 3/4/2009 — Here are some slides from Michael Mandel , he says yes it was an illusion. Matt Yglesias has a good summary of his argument . Median wages were stagnant, the stock market was down, and health care costs were rising, without necessarily ...
How Serious Is U.S. Ed. Productivity Collapse
cato-at-liberty.org 4/28/2009 — A commenter at Joanne Jacobs’ edu-blog wonders “how serious this ‘collapse’ is.” I offered the following response:
How serious of a collapse is it? Total k-12 expenditures in this country were about $630 billion two ...
Did a productivity slowdown cause the financial crisis?
VoxEU.org 7/11/2009 — David Brackfield , Joaquim Oliveira Martins , 11 July 2009 Most narratives of the crisis start with problems in the financial sector that then spilled over into the real economy. This column looks at the real side first and shows that labour ...