16min chapter

Debunking Economics - the podcast cover image

Productivity – the election winner that Rishi Sunak failed on

Debunking Economics - the podcast

CHAPTER

Exploring Productivity and Economic Complexity

The chapter delves into the significance of energy as an input cost and its impact on a country's GDP, while contrasting economic approaches of countries. It also discusses the complexities of measuring productivity, emphasizing the need for a systemic view for sustainable improvement over time. The conversation expands to technology's role in boosting productivity, leading to income inequality issues and the flawed focus on economic growth without addressing distribution concerns.

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