Michael Hurst
Feb 1, 2022

Your first two ideas are correct, your third makes no sense. Productivity is essentially GDP divided by hours worked, it doesn't matter if it comes from service or manufacturing jobs. If service work is priced correctly, that is not an issue.

Michael Hurst
Michael Hurst

Written by Michael Hurst

Economist and public policy analyst, cyclist and paddler, and incorrigible old coot.

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