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Wait what? I was just listening to the former chief economist of Banknof England going on about how terrible productivity (in the UK) is.

So who is right?



Google UK productivity growth and you'll find a graph showing:

UK productivity growth, 1990-2007: 2% per year

UK productivity growth, 2010-2019: 0.5% per year

So they're both right. US 50 year productivity growth looks great, UK 10 year productivity growth looks pretty awful.




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