The AI-driven productivity surge is real, it's already underway, and this will allow robust growth without inflation, a top ...
Rachel Reeves’s trip to the IMF in Washington last week marked a significant shift in tone for the Chancellor. Instead of ...
The 2025 Nobel prize in Economics honors Mokyr, Aghion, and Howitt for explaining how innovation drives growth—and warns that ...
Productivity growth occurs when an economy can generate more output from the same amount of inputs, more from fewer inputs, or even the same output from fewer inputs. In other words, an economy ...
But there is a force at work in this sluggish labor economy that could provide the juice it needs to pick up the pace again: ...
The expected downgrade of the OBR’s previous assumptions is likely to make filling a black hole in her Budget even harder.
It’s worth keeping in mind when contemplating Palantir chief technology officer Shyam Sankar’s recent Wall Street Journal ...
There are worse economic trends than slowing productivity. How about declining productivity for one? That’s the nasty trick pulled by the US construction sector. It’s been running in reverse for a ...
For much of last year, the consensus among Wall Street economists was a recession was imminent. Instead, we had healthy economic growth, low unemployment, declining inflation rates and strong stock ...
Productivity is the single most important driver of long-term wage growth, improvements in living standards and national ...
U.S. labor productivity has grown quickly during the pandemic compared with the past decade. However, this rapid pace is unlikely to be sustained. Similar to the Great Recession, the primary reasons ...
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