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4min chapter
Eli Dourado on Energy Abundance
The Great Antidote
What Is Productivity?
David Frum: What is productivity? Is that a super cold, calculating way to analyze a person or a worker? Or like, what does it say about economic growth? He says there's different kinds of productivity and he prefers the term total factor productivity. Total factor productivity looks at how an economy grows in terms of ideas rather than just labor hours,"Frum says. "We're trying to get more economic recipes that we can use"
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