Where has all the productivity gone?
There is a huge assumption here that productivity isn&#x27;t increasing, which is false. Economic output per hour worked has been steadily increasing in every country since their respective industrial revolutions.<p>When you go to the source tweet, it turns out that it&#x27;s comparing the developed world to the developing world. Developing economies will always grow faster, but not necessarily efficiently, because there&#x27;s more low hanging fruit to pick. These low hanging fruit can be picked by throwing more people at the problem (increasing workforce participation or working longer hours).<p>One example is how much more time it takes to build infrastructure in America vs China. If you look at the data[0], productivity in both countries is growing at roughly the same rate. It pretty much invalidates the assertion in the blog and the source tweet.<p>[0] <a href="https:&#x2F;&#x2F;ourworldindata.org&#x2F;grapher&#x2F;labor-productivity-per-hour-pennworldtable?country=USA~CHN" rel="nofollow">https:&#x2F;&#x2F;ourworldindata.org&#x2F;grapher&#x2F;labor-productivity-per-ho...</a>