Productivity and the Bonus Culture
Living standards in the UK and US are in danger of falling. A decline in growth due to poor productivity and an unfavourable change in demography has weakened the stand of liberal democracy, and voter dissatisfaction is encouraging populist policies that threaten even worse outcomes. Whilst living standards once grew faster than productivity they now grow more slowly, and the working population is no longer growing faster than the population as a whole. To avoidfalling living standards the productivity problem must be addressed.Andrew Smithers argues that faster productivity does not depend, as many suggest, on technology; it also relies on i…
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Produktdetails
- ISBN: 978-0-19-257312-4
- EAN: 9780192573124
- Produktnummer: 31871216
- Verlag: Oxford University Press
- Sprache: Englisch
- Erscheinungsjahr: 2019
- Seitenangabe: 224 S.
- Plattform: EPUB
- Masse: 2'618 KB
Über den Autor
Andrew Smithers is the founder of economic consultancy Smithers & Co. He is the author of Valuing Wall Street: Protecting Wealth in Turbulent Markets, The Road to Recovery: How Economic Policy Must Change, and Wall Street Revalued: Imperfect Markets and Inept Central Bankers. He is a former columnist for the London Evening Standard, and has also written columns and blogs for The Times and the FinancialTimes.
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