Posts Tagged Jerry Hausman

Does the productivity gap actually exist?

Does the productivity gap actually exist?

Whoever wins the election tomorrow will have to grapple with what appears to be a fundamental economic problem. Estimated productivity growth in the UK is virtually at a standstill. The standard definition of productivity is the average output per employee across the economy as a whole, after

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Dump opinion polls for social media to understand people’s real preferences

Dump opinion polls for social media to understand people's real preferences

So the pollsters got it wrong again.  After the general election last year and then Brexit, it is perhaps not surprising.  What is surprising is just how wrong they were.  The real problem is the enormous confidence with which they pronounced that Clinton would win. The Princeton

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We are all better off than we think

Apple’s iPhone5 has already smashed sales records.  The first day on which consumers could make purchases over the web, more than 2 million online orders were placed.  Little wonder that JP Morgan has estimated that sales of the iPhone5 could add as much as 0.5 per cent

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