Season 1 · Episode 12
Is Productivity Really That Important?
Debunking Economics - the podcast · Steve Keen & Phil Dobbie
December 8, 201618m 52s
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Show Notes
Obviously we want to ensure that we are doing the most with the resources we have, but are we placing too much importance on productivity as a key measure of how well an economy is performing. In this episode of The Debunking Economics podcast Prof. Steve Keen suggests that the figure is misleading, and hides the growing inequality in society. There are better measures, he believes.
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