Greenspan IQ query

Seth Ackerman SAckerman at FAIR.org
Fri Apr 7 10:34:39 PDT 2000


Doug Henwood wrote:


> Actually, though, Greenspan has been celebrating the efficiency of
> U.S. investment as compared to the EU's & Japan's - we invest less,
> but smarter, and make more profit. Outside IT, investment in this
> expansion has been quite low.
>

Speaking of capital productivity, what about labor productivity?

Has Prof. Robert Gordon come out with his revised numbers on productivity growth within and without IT?

Seth



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