Productivity

Productivity, its components, and its limits

Body
Labor and capital productivity growth was seen as the key driver of growth during the past 250 years. However, we didn't get more productive based on our ingenuity alone, the key drivers were increased energy and resource use with low energy and resource productivity.
Teaser

Productivity is one of the miracles of the past 250 years. However, we didn't get more productive based on sheer ingenuity, the key driver was increased energy and resource use.

Content Type
English