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> I'm under the impression most of the productivity gains since the early 1990s were due to large capital improvement Money doesn't magically increase producti
by gnaritas 9y ago
> I'm under the impression most of the productivity gains since the early 1990s were due to large capital improvement
Money doesn't magically increase productivity, those gains came from that money going to very smart people who created and/or applied technology to increase productivity. They're called workers, and they are the ones who increased productivity, not the capital holders.
Throwing a billion dollars at a problem to solve it only buys you people capable of solving it, it doesn't mean you solved it.