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To: Moominoid who wrote (58610)1/17/2001 12:10:07 PM
From: LLCF  Read Replies (1) | Respond to of 436258
 
<Productivity per worker can improve because of improvements in the product or improvements in the techniques of production or efficient use of more capital and resources per worker. >

Yes, that's what should happen...

<The example you give is where you used more capital per worker but the investment was inefficient. It wouldn't be included in measured productivity. >

That's the whole point... it IS included in measured productivity whether it should be or not.

DAK



To: Moominoid who wrote (58610)1/17/2001 8:19:10 PM
From: Mike M2  Read Replies (2) | Respond to of 436258
 
David, from an economic perspective the only productivity gains that matter are gains that boost personal income or corporate profits. Look at GTW first loss in the company's history yet the computers they sell perform better and cost less. see this link for a more detailed look at this hoax mwhodges.home.att.net Mike


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