Rethinking Productivity (Project-Syndicate)

Today, about four out of every five dollars spent in the OECD economies purchases services or intangible goods. This “dematerialization” of economies demands a more nuanced understanding of what drives productivity.

https://www.project-syndicate.org/commentary/productivity-slowdown-services-social-factors-by-diane-coyle-2019-11

Diane Coyle is Professor of Public Policy at the University of Cambridge.