SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lizzie Tudor who wrote (177719)1/18/2009 11:51:43 PM
From: Live2SailRead Replies (1) of 306849
 
I happen to be a disbeliever in the productivity miracle as well for two reasons. Essentially, the GDP was totally goosed by financial shenanigans. If we were to remove financial companies from the calculation of GDP, would we have had such "high" productivity.

Secondly, and this is a bit philosophical, a large increase in productivity growth would mean that our ingenuity greatly increased over a short period of time and only for a short period of time. I didn't believe that our ingenuity had improved when Greenspan touted it back in 1999, and I don't believe it now.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News