4min chapter

Odd Lots cover image

Paul Krugman on UFOs, AI and Room Temperature Superconductors

Odd Lots

CHAPTER

The Reverse Hysteresis of Productivity

Tracy: One theory that sometimes gets aired is that productivity is downstream of robust growth and tight labor markets. Tracy: How much credence do you buy that? Tracy: It's possible right now, it denies to believe that by running a genuinely full employment economy we are setting the stage for an era of good productivity growth. But I don't know that.

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