The key to restoring both fiscal sustainability and productivity growth is to expand Britain’s most competitive businesses ...
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Aghion, Howitt, Mokyr Win Economics Nobel
On Monday, Joel Mokyr, Philippe Aghion, and Peter Howitt won the Nobel Memorial Prize in Economic Sciences for work linking ...
Productivity growth occurs when an economy can generate more output from the same amount of inputs, more from fewer inputs, or even the same output from fewer inputs. In other words, an economy ...
Economists pushed back on RBA governor Michele Bullock’s claim that inflation was driven by ‘temporary’ factors, saying there ...
The chancellor has vowed to "defy" gloomy forecasts for the UK economy after it emerged the government is facing a ...
People from cultures that emphasize productive habits tend to advance. The reverse is also true.
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COMMENTARY: The 2025 Budget bets big on productivity but only time will tell if it works
The Carney government is addressing the challenge in a meaningful way with measures that will cost $110 billion over five ...
For much of last year, the consensus among Wall Street economists was a recession was imminent. Instead, we had healthy economic growth, low unemployment, declining inflation rates and strong stock ...
The adoption of artificial intelligence presents a particularly promising avenue. ASB Economists estimate that the effective integration of AI could add up to $20 billion per year to NZ’s GDP by 2040, ...
If nothing else, I’m glad there’s enough good economic news out there to merit a New York Times story headlined, “Can America Turn a Productivity Boomlet Into a Boom?” The piece by economics reporter ...
U.S. labor productivity has grown quickly during the pandemic compared with the past decade. However, this rapid pace is unlikely to be sustained. Similar to the Great Recession, the primary reasons ...
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