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Sunday, June 05, 2011

O2 STRATEGY > What Matters: What's the best way to revive US productivity?

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Posted by Dr
. E. G. Damigos; PhD; CMI; C.M. RINA
Senior Economist - Executive Partner - EUROPEAN CAPITAL GROUP



McKinsey Quarterly
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What Matters: What's the best way to revive productivity—and the US economy?

To get the US economy back into high gear, productivity needs to rev up. What's the best way of doing that and why is boosting productivity so hard? What Matters explores the question with these new essays:

Edmund Phelps on a proposal for a system of innovation banks to fund innovation

Michael Spence on prescriptions for economic growth

Michael Mandel and Susan Houseman on why the productivity data are wrong

Lenny Mendonca and Laura D'Andrea Tyson on the four anchors holding back the US economy

Irving Wladawsky-Berger on the next golden age of innovation



Plus, weigh in on our ongoing debate:

The Debate Zone: Has the US passed peak productivity growth?

Tyler Cowen, author of the Great Stagnation, squares off against MIT technology scientists Andrew McAfee and Erik Brynjolfsson.



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