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The long wait for a productivity resurgence

“You can see the computer age everywhere but in the productivity statistics.” Today, we could repeat this celebrated 1987 statement by Robert Solow, Nobel laureate founder of modern growth theory, with the substitution of “technology” for “computer”. We live in an age judged to be one of exciting technological change, but our national accounts tell…
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The post The long wait for a productivity resurgence appeared first on BusinessDay : News you can trust .

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