5 ms·
Here's a graph of UK labor productivity per worker since the 1950s: https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/labourproductivity/timeseries
by tdeck 4y ago
Here's a graph of UK labor productivity per worker since the 1950s:
https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/labourproductivity/timeseries/a4ym/prdy https://www.ons.gov.uk/employmentandlabourmarket/peopleinwor...
There is no point where the workforce, assisted by technology, was dramatically more productive than it is now. Given the rise in productivitiy, shouldn't we expect the standard of living to at least remain constant?