"Making Sense of the Productivity Slowdown". Enjoyed this Summers talk and, especially, Q&A: http://www.piie.com/publications/papers/transcript-20151116keynote.pdf …pic.twitter.com/CEl7U1eWUR
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@patrickc How do you keep finding such high quality reading material in this enormous online haystack?
@edwardlando obsessive trawling; quick discarding. Underlying source chasing. And a lot of misspent hours.
@patrickc take a look at this post by @umairh on the obsession of our economy with efficiency: https://hbr.org/2016/03/our-economy-is-obsessed-with-efficiency-and-terrible-at-everything-else …
@patrickc @tylercowen They're both right. Traditional productivity is needed for wage growth, but non-traditional changes lives greatly.
@patrickc @tylercowen or maybe infotech helped cushion us from an even slower recovery, but it's lost in the signal of the understimulus?
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