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How Grand Theft Auto Explains One of the Biggest Mysteries of the US Economy

2 pointsby dshibarshinalmost 10 years ago

1 comment

a3nalmost 10 years ago
The article suggests we may not have figured out how to properly measure IT productivity growth.<p>Another possibility (my guess, no research to support it) is that we really have experienced a reduction in productivity growth. Corporations are doing very well post-recession, labor is not. I say and think this over and over again: corporations have figured out how to take a larger share from productivity than labor has.<p>At some point, labor has to wonder &quot;why should I?&quot;<p>Skip to about 1:00 if you like. <a href="https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=_iiOEQOtBlQ" rel="nofollow">https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=_iiOEQOtBlQ</a>