Why The Productivity Slowdown Could Lead to Lower Living Standards

Money For the Rest of Us

Why productivity growth is key to creating wealth. Why U.S. productivity growth is slowing, and what we can do to increase business and personal productivity.

Topics covered include:

• How productivity is measured and how it relates to GDP, inflation, and living standards
• How productivity growth has led to more food, better health, better housing, and more consumer goods.
• What are potential reasons why productivity growth is slowing
• Evidence that work from home has led to lower productivity
• What individuals and businesses can do to increase productivity

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Show Notes

The Slowdown in Productivity Growth and Policies That Can Restore It by Emily Moss, Ryan Nunn, and Jay Shambaugh—The Hamilton Project

The technology-employment trade-off: Industry, automation, and income effects by Gene Kindberg-Hanlon—World Bank Blogs

Will productivity and growth return after the COVID-19 crisis? by Jan Mischke, et al.—McKinsey & Company

Work from Home & Productivity: Evidence from Personnel & Analytics Data on IT Professionals by Michael Gibbs, Friederike Mengel, Christoph Siemroth—Becker Friedman Institute for Economics

The Work of the Future: Building Better Jobs in an Age of Intelligent Machines by David Autor, David Mindell, and Elisabeth Reynolds—Massachusetts Institute of Technology

How to Stop Worrying and Love the Robot Apocalypse (Ep. 461) by Stephen J. Dubner, Produced by Zack Lapinski—Freakanomics

Is working from home bad for productivity? by Claire Jones—Financial Times

A World Without Email: Reimagining Work in an Age of Communication Overload by Cal Newport

Effortless: Make It Easier to Do What Matters Most by Greg McKeown

Related Episodes

142: Why Are Some Nations Wealthier Than Others?

231: What Determines How Much You Make

300: Ray Dalio and the Changing World Order

331: Why Do We Work So Much?

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