Initially used to measure the link between exploited resources and final results in the industrial production process, the concept of productivity is the most widely used economic indicator. It is also sorely out-of-date.
Tag: work culture
-Analysis- WASHINGTON — Americans love to contemplate – and legislatively promote, to whatever degree possible – the virtue of hard work. Here in the United States, we already work more hours per year than our English- speaking counterparts in Britain, Canada and Australia – not to mention those enviable denizens of European social democracies, who enjoy the kind of leisure time only our highest-paid workers can afford. So perhaps it’s not surprising that several new pro-work policy ideas are enjoying attention on the left and the right. On the right, work requirements for Medicaid, food stamps and housing assistance represent […]