[lbo-talk] Fitch and Brenner

Michael Perelman michael at ecst.csuchico.edu
Sun Feb 22 08:35:24 PST 2009


Productivity can be misleading. If low productivity producers drop out, that increases productivity without any improvement in existing operations. Also, productivity can increase by outsourcing some work -- say janitors in a factory. These outsourced workers can be pushed harder than unionized workers.

-- Michael Perelman Economics Department California State University Chico, CA 95929

Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com



More information about the lbo-talk mailing list