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2min chapter
Back To The Future - Tyler Cowen
The Joe Walker Podcast
Dietrich Vollruth's Argument for Productivity Slowdown Is a Sign of Our Success
Dietrich Vollruth argues that the growth slowdown is less to do with productivity and more to do with a decrease in the number of workers relative to the population. Tyler Cowen: I don't think there's any difference between those two arguments. But if you want to say the shift of more of the economy into health care is one reason why there's been a productivity slowdown, he has a wonderful explanation for it.
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