Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: gnuman who wrote (71572)	12/8/1999 9:03:00 AM
From: Les H	Read Replies (2) \| Respond to of 132070

How useful is productivity when one throws capital at a business to generate higher revenues? You can always throw tens of millions of dollars in advertisiting and promotions to increase revenue, and perhaps some money into technology into enhancing worker outputs. But is this really improved productivity? Is it productivity when one sustains large losses and increases revenues while using raised capital to attempt to capture market share? Productivity measures, based on just labor and revenues or per-capita GDP, seem to miss how the 'new era' economy works, thus overstating productivity.