Why is the U.S. economy not growing fast enough?
Compared to the robust growth rates of the boom decades in the years from the end of World War II until 1973, the U.S. economy has witnessed a stubborn stagnation. At the core of this stagnation lies a slowdown in the rates of productivity, which is the beating pulse of a dynamic economy and an output per hour of growth by workers in a country. Productivity is the stepping-stone to a great economic leap forward, it’s where Adam […]