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zawazzi
2676 days ago
US Productivity grows by 2% a year which suggests in aggregate, most people are playing a zero sum game.
2 comments
sjjshvuiajhz
2675 days ago
I think productivity is better conceived as the first derivative of value wrt. time. So productivity growth is the second derivative. It’s good news if that number is positive at all.
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dasil003
2676 days ago
That just suggests disposable income is a zero sum game. Within GDP you can have massive disparities in value generated.
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