Why productivity growth has stalled since 2005 (and isn't about to improve soon)
- Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
Hanna-Barbera/ShutterstockNot long ago it seemed as if the future was going to get better and better — not long ago at all.
For me the high point was around 2005, fifteen years ago.
I don’t know if you can remember how you felt at the time, but for me the surge in living standards, driven by an ever-building surge in output per working...
