To Raise Productivity, Stop Putting Lipstick on Pigs

Despite unprecedented increase in the amount of digital labor-saving technology applied to our commercial processes, the U.S. rate of productivity growth has effectively been sawed in half over the last decade. You heard that right, microchips and poor productivity in the same sentence. Federal Reserve Board Chairwoman Janet Yellen has declared this trend “a key uncertainty for the U.S. […]