06 May 2016 1.00pm - 2.30pm
What's the British productivity problem?
Speaker: Professor John Van Reenen, London School of Economics
John began his Masterclass, kindly hosted by the British Bankers Association, by noting that GDP should not be confused with economic welfare - when it comes to the latter it is output per person that matters, which is driven by productivity. Productivity does not say anything about the distribution of income or wealth, but John argues that there is little evidence to suggest that faster…
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