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Is Productivity Really That Important?
Season 1
Episode 12
Published 9 years, 8 months ago
Description
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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