Comments on: Optimistic Thoughts about Productivity Growth and Secular Stagnation

previously, so this seems like a good time to weigh in again on the topic. As I pointed out in a 2015 post, one characteristic that distinguishes the 2007-09 downturn from earlier downturns is t...

https://uneasymoney.com/2015/06/10/optimistic-thoughts-about-productivity-growth-and-secular-stagnation/#comment-556399

over a year ago I wrote a post suggesting that slow productivity growth in the current recovery might have something to do with

https://uneasymoney.com/2015/06/10/optimistic-thoughts-about-productivity-growth-and-secular-stagnation/#comment-545956

Fed Up, I just meant that 1/4 x 1/4 = 1/16 and 1/4 + 1/4 = 1/2. I addressed your point about growth rates in my earlier comment. We really don't need to argue about this one.

https://uneasymoney.com/2015/06/10/optimistic-thoughts-about-productivity-growth-and-secular-stagnation/#comment-437904

"Fed Up, Actually for small changes (less than 1), there’s a big difference between adding and multiplying." Huh? Assume rate of growth in productivity = .25% and rate of growth in labor = .25%...

https://uneasymoney.com/2015/06/10/optimistic-thoughts-about-productivity-growth-and-secular-stagnation/#comment-435935

Fed Up, Actually for small changes (less than 1), there's a big difference between adding and multiplying.

https://uneasymoney.com/2015/06/10/optimistic-thoughts-about-productivity-growth-and-secular-stagnation/#comment-433923

Let's just stick to small changes so the plus or multiply does not matter much. Shouldn't it actually be rate of growth in potential real AS = rate of growth in productivity plus rate of growth i...

https://uneasymoney.com/2015/06/10/optimistic-thoughts-about-productivity-growth-and-secular-stagnation/#comment-426354

jonny, There are arguments for increasing the minimum wage, but not every business is in a position to provide training and make investments to improve labor productivity. What happens to those b...

https://uneasymoney.com/2015/06/10/optimistic-thoughts-about-productivity-growth-and-secular-stagnation/#comment-426341

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https://uneasymoney.com/2015/06/10/optimistic-thoughts-about-productivity-growth-and-secular-stagnation/#comment-425493

I'm not a labor economist either but whether you're right or not I appreciate the effort. I get tired of all the pessimism all the time Everyone seems to be buying into the GS so it's nice to hav...

https://uneasymoney.com/2015/06/10/optimistic-thoughts-about-productivity-growth-and-secular-stagnation/#comment-425488

Technically, I believe that should be times instead of plus at 9:03 p.m.

https://uneasymoney.com/2015/06/10/optimistic-thoughts-about-productivity-growth-and-secular-stagnation/#comment-423535