Global Arbitrage and the Productivity Puzzle

Global Arbitrage and the Productivity Puzzle
Irving Wladawsky-Berger, 2017/08/07
The 'innovation dilemma' has driven a lot of education and labour policy over the last few years with legislators trying out how to wring more productivity out of an increasingly unprepared labour force. But what if the issue of productivity has nothing to do with labour, or technology, at all? That's the argument considered here. More...