3min chapter

Conversations with Tyler cover image

Jason Furman on Productivity, Competition, and Growth

Conversations with Tyler

CHAPTER

What's Your Take on the Degree of Unmeasured Benefits From the Internet?

productivity fell so much after either nineteen seventy three or in say, the last fifteen years. Some of it may be that you need to invert your question and ask, not why did productivity slow down, but why was productivity so fast? We're in a world of one and a half per cent productivity growth, if we're lucky. Unfortunately, it's been more like one lately, and that's just what it is. What oes your take on the degree of unmeasured benefits from the internet? High, low, intermediate, intermediate....

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