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Is Productivity Growth Becoming Irrelevant?

As the Nobel laureate economist Robert Solow noted in 1987, computers are “everywhere but in the productivity statistics.” Since then, the so-called productivity paradox has become ever more striking. Automation has eliminated many jobs. Robots and artificial intelligence now seem to promise (or threaten) yet more radical change. Yet productivity growth has slowed across the advanced economies; in Britain, labor is no more productive today than it was in 2007. Read more

Did Young Voters Swing the 2017 UK General Election Result?

This blog post looks at the aggregate picture and collates some micro evidence in a more robust estimating framework to shed light on this question. Read more

America Last

Trump’s withdrawal from the Paris accord sets the US economy back Read more