Summary:
Forecasting recession for the end of year unless construction data reverses. Single variable thinking based on one key factor only, or is he onto something?MacrocosmForecasting a recession with construction dataPhilip PilkingtonSee alsoAmid labor-supply constraints and economic shocks, the case for productivity-boosting interventions is clear. Unless US policymakers use a combination of investment and incentives to reverse negative productivity trends, the US will achieve modest growth, at best.…Project SyndicateAmerica’s Widening Productivity GapMichael Spence
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Forecasting recession for the end of year unless construction data reverses. Single variable thinking based on one key factor only, or is he onto something?Forecasting recession for the end of year unless construction data reverses. Single variable thinking based on one key factor only, or is he onto something?MacrocosmForecasting a recession with construction dataPhilip PilkingtonSee alsoAmid labor-supply constraints and economic shocks, the case for productivity-boosting interventions is clear. Unless US policymakers use a combination of investment and incentives to reverse negative productivity trends, the US will achieve modest growth, at best.…Project SyndicateAmerica’s Widening Productivity GapMichael Spence
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Mike Norman considers the following as important:
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Amid labor-supply constraints and economic shocks, the case for productivity-boosting interventions is clear. Unless US policymakers use a combination of investment and incentives to reverse negative productivity trends, the US will achieve modest growth, at best.…
Project Syndicate
America’s Widening Productivity Gap
Michael Spence
Michael Spence