(Jewel Samad/Agence France-Presse via Getty Images) Josh Bivens directs research at the Economic Policy Institute, is a great economist, an old friend, and the author of an excellent new paper I wanted folks to know about. Here he is, answering a bunch of my questions about his new work.
Q: Tell us about the slowdown in productivity growth and why it’s so important?
A: Productivity is a measure of how much income (or output) is generated in an average hour of work in the U.S. economy. Over the long-run, the only way economies can generate higher standards of […]
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