By Robert Higgs • Friday September 23, 2016 9:00 AM PDT • 1 Comment
In most cases people recognize that increasing productivity is a good thing. If we develop new technologies or make organizational changes that allow us to produce more output with the same inputs, we celebrate. If people acquire education or experience that allows them to produce more with their human capital, we regard this payoff as wholly beneficial. And so forth......To Read More....
In most cases people recognize that increasing productivity is a good thing. If we develop new technologies or make organizational changes that allow us to produce more output with the same inputs, we celebrate. If people acquire education or experience that allows them to produce more with their human capital, we regard this payoff as wholly beneficial. And so forth......To Read More....
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