Liberal opinion holds that the international monetary and financial system is a device for promoting…
Interrogating the Holy Grail of Productivity Growth Jayati Ghosh
One thing most economists agree on regardless of their ideological persuasion, is the importance of productivity increases. Yet, of all economic concepts widely in use, that of aggregate productivity may be the most problematic and full of conceptual and measurement holes.
(This article was originally published in in the Real World Economics Review, Issue No 96)