28 06 2018

Is Technology Hurting Productivity?
It is possible that new technologies are not just doing less to boost productivity than past innovations.... Jeffrey Frankel

CAMBRIDGE – In recent years, productivity growth in developed economies has been stagnating. The most prominent explanations of this trend involve technology. Technological progress is supposed to increase economies’ productivity and potential growth. So what’s going on?Harvard’s Martin Feldstein has argued persuasively that...

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