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Technological improvements make this so hard to measure, even if we ignore the temptation to game the numbers. New products, better products, many old products
by FredPret 6y ago
Technological improvements make this so hard to measure, even if we ignore the temptation to game the numbers.
New products, better products, many old products replaced by new ones... it’s so much more complicated than the classical economics textbook case of guns & butter.