The second longest recovery … the second longest bull market … the longest period of job growth on record. Such records are pretty meaningless. The recovery has been pretty anemic,…
Big Data May Boost Productivity
In our last post, we noted that productivity’s growth has been stunted. This post looks at what may be the key to reviving it — big data. Productivity growth is…
Productivity Growth Still Weak
The economy is growing at a rate of about 3%, which is a significant improvement over the 2% growth during President Obama’s two terms. The unemployment rate has dropped to…
You’re Breaking the Law
How many laws have you broken today? It’s impossible to know for sure, given that regulations now affect just about every facet of our lives. That’s doubly true for businesses,…
Do You Like Being Told What to Do?
Listen, this whole system of yours could be on fire and I couldn’t even turn on the kitchen tap without filling out a twenty-seven B stroke six … bloody paperwork.…
Wages Will Increase When Productivity Does
There are three things we can say about income with a degree of certainty: You’re earning less than you did before the financial crisis. You are overdue for a raise.…