Saturday 19 August 2017

Csan we believe the figures?

France takes the summer off.  Many factories close down for a month while workers holiday en masse.

Other European countries also take longer holidays than the UK.

Yet the productivity of these countries is higher.

Can anyone explain this - it is counter-intuitive.

I have voiced my doubts about the way we measure national productivity before.

Each time I note something like this, I become more convinced that we need to take a fresh look at what we measure and compare.

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