"We believe much of the rise is cyclical," Morgan Stanley economists noted in the report.

“Productivity isn’t everything,” Paul Krugman wrote in his 1990 book, The Age of Diminished Expectations, “but in the long run it is almost everything.” Productivity is a foundation of prosperity. The ...

For much of last year, the consensus among Wall Street economists was a recession was imminent. Instead, we had healthy economic growth, low unemployment, declining inflation rates and strong stock ...

Understanding productivity growth more fully is crucial because it plays such an outsize role in economic growth “Productivity isn’t everything,” Paul Krugman wrote in his 1990 book, The Age of ...

Learn how economies are formed and grow. Discover the roles of productivity, specialization, and financial markets in driving ...

Stefan Hajkowicz works at CSIRO which receives R&D funding from wide ranging government and industry clients. Jon Whittle works at CSIRO which receives R&D funding from wide ranging government and ...