Greenspan IQ query

Seth Ackerman SAckerman at
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?


More information about the lbo-talk mailing list