Nicholas Bloom on Management, Productivity, and Scientific Progress
Conversations with Tyler
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The Productivity Paradox: Navigating Change
This chapter explores the disconnect between rapid technological advancements and stagnant productivity, using historical examples to underscore the necessity of social adaptation for true improvements. It also examines the factors contributing to Italy's low productivity and challenges faced in emerging economies like India, including legal inefficiencies and subpar management practices. Additionally, the discussion critiques management literature and emphasizes the need for a data-driven approach to enhance the effectiveness of management techniques and productivity strategies.
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