Productivity comparisons: Lessons from Japan, the United States, and Germany

Shoppers crowd at the Kuromon Ichiba to purchase ingredients for New Year's dishes in Osaka on Dec. 30, 2019, the end of year. Shops were overflowing with marine products such as crab, tuna, meat and processed foods. ( The Yomiuri Shimbun )

[author-bio] Economic growth provides broad and substantial benefits. When growth is strong, household incomes rise, and wages increase; it becomes much easier to balance budgets and to meet the needs of the poorest members of society. Overall economic growth does not guarantee that everyone in an economy will be better off, but it helps. Strong … Continue reading Productivity comparisons: Lessons from Japan, the United States, and Germany

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