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Keyword: productivity

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  • Grateful for Not Starving

    11/22/2018 2:06:17 AM PST · by a little elbow grease · 21 replies ^ | 11/21/18 | John Stossel
    When we celebrate Thanksgiving this week, I will give thanks for property rights. Property rights allow each individual or family to do what we want with our small piece of the world without having to answer to the whole community. On Thanksgiving, we'll probably be told to think of America as one big family -- and for some people, government is the head of that family. That idea warms the hearts of America's new "democratic socialists." But thinking like that nearly destroyed this nation before it began. The Pilgrims at Plymouth didn't share a feast with Indians after arriving in...
  • Yes, open office plans are the worst

    07/14/2018 4:58:09 PM PDT · by BenLurkin · 58 replies
    TechCrunch ^ | Sarah Wells
    While the concept behind open office spaces is to drive informal interaction and collaboration among employees, the study found that for both groups of employees monitored (52 for one company and 100 for the other company) face-to-face interactions dropped, the number of emails sent increased between 20 and 50 percent and company executives reported a qualitative drop in productivity. “[Organizations] transform their office architectures into open spaces with the intention of creating more [face-to-face] interaction and thus a more vibrant work environment,” the study’s authors, Ethan Bernstein and Stephen Turban, wrote. “[But] what they often get—as captured by a steady...
  • Americans work harder than any other country’s citizens: study

    09/04/2017 7:52:11 PM PDT · by 2ndDivisionVet · 25 replies
    The New York Post ^ | September 3, 2017 | Gregory Bresiger
    Start up the grill. Get the burgers and chicken going. And start imbibing. You deserve it, according to a new work study. “We’re hard workers. We deserve the day off,” says Liz Bagot, a spokeswoman for, which conducted the survey of 2,000 Americans. It turns out the average American works harder than our Japanese counterparts or the average European worker. “Statistics show that Americans work longer hours than the majority of other countries — 137 hours per year more than Japanese, 260 per year more than in the UK,” according to the study. By the way, when the comparison...
  • TURN ON, TUNE IN, DROP BY THE OFFICE [LSD in the office]

    08/09/2017 2:23:53 PM PDT · by LurkedLongEnough · 29 replies
    1843 Magazine [an offshoot of The Economist] ^ | AUGUST/SEPTEMBER 2017 | EMMA HOGAN
    Every three days Nathan (not his real name), a 27-year-old venture capitalist in San Francisco, ingests 15 micrograms of lysergic acid diethylamide (commonly known as LSD or acid). The microdose of the psychedelic drug – which generally requires at least 100 micrograms to cause a high – gives him the gentlest of buzzes. It makes him feel far more productive, he says, but nobody else in the office knows that he is doing it. “I view it as my little treat. My secret vitamin,” he says. “It’s like taking spinach and you’re Popeye.” --snip -- Young developers and engineers, most...
  • The James Baker-George Shultz Carbon-Tax Plan Is a Bad Deal for Americans

    02/14/2017 10:49:26 AM PST · by SeekAndFind · 10 replies
    National Review ^ | 02/14/2017 | Rupert Darwall
    The fact that it’s being proposed by Republicans doesn’t make it any more economically palatable. Madness is rare in individuals — but in groups, parties, nations, and ages it is the rule — Friedrich Nietzsche ‘Cap and trade was just one way of skinning the cat; it was not the only way,” Barack Obama declared after Democrats’ disastrous losses in the 2010 midterm elections. That shellacking finally killed off the Waxman-Markey cap-and-trade bill. From it was born the EPA’s Clean Power Plan and the Obama administration’s war on coal, in turn a contributory factor to Donald Trump’s election and Republicans’...
  • Is There a Mismatch Between Productivity and Workers’ Income?

    12/07/2016 3:14:22 AM PST · by expat_panama · 45 replies
    The American Thinker ^ | December 7, 2016 | Joshua Anumolu
    An article by Lance Selfa, a columnist at the "Socialist Worker", argues that economic growth does not help working people: “One of the orthodox assumptions of both liberal and conservative economics is that a more productive economy leads to higher living standards. According to the theory, when workers are better educated and better trained, and when technology is intelligently deployed to increase economic efficiency, the overall economy produces more and workers earn more. Or so the theory goes. What's the evidence?” In fact, Selfa's argument has been routinely rejected by economists for the following reasons. First, the article ignores the...
  • Why Productivity Lags, According To Alan Greenspan

    11/22/2016 2:55:00 AM PST · by expat_panama · 45 replies
    Investors Business Daily ^ | 11/20/2016 | ROBERT J. SAMUELSON
    Alan Greenspan, the former chairman of the Federal Reserve Board, weighed in last week on one of the pressing issues facing the Trump administration and the country — slow economic growth. Greenspan's explanation is novel and is bound to be controversial. To preview: He blames the welfare state and overall uncertainty for the slowdown... ...average annual productivity gains for four periods since 1950. ANNUAL PRODUCTIVITY GAINS 1950-70: 2.6% 1970-90: 1.5% 1990-2010: 1.9% 2010-15: 0.4% As you can see, productivity gains since 2010 have virtually disappeared. At this rate, incomes would double every 180 years. By contrast, they'd double in 36...
  • US productivity unexpectedly drops for a third-straight quarter

    08/09/2016 6:15:33 AM PDT · by mykroar · 44 replies ^ | 8/9/2016 | Reuters
    U.S. nonfarm productivity unexpectedly fell in the second quarter, pointing to sustained weakness that could raise concerns about corporate profits and companies' ability to maintain their recent robust pace of hiring. The Labor Department said on Tuesday that productivity, which measures hourly output per worker, dropped at a 0.5 percent annual rate in the April-June period. It was the third consecutive quarterly decline. Productivity fell at an unrevised 0.6 percent rate in the first quarter. Economists polled by Reuters had forecast productivity rising at a 0.4 percent rate in the second quarter. Productivity decreased at a 0.4 percent rate compared...
  • Local Governments Are The Source Of Housing Inequality

    07/28/2015 1:26:12 PM PDT · by george76 · 22 replies
    The Federalist ^ | JULY 27, 2015 | Chuck DeVore
    Wealth inequality? Blame local government, whose meddling in property rights causes artificial scarcity in housing. ... Matthew Rognlie, a Massachusetts Institute of Technology doctoral student in economics .. makes an interesting insight; housing prices are going up because of artificial scarcity caused by land-use regulation. Put another way, the concentration of wealth is not an issue of the “1 percent” winning while the rest of us lose—it’s an issue of homeowners benefitting from government restrictions on property rights that prevent a free market in homebuilding, restricting supply and driving up prices. ... If Rognlie is correct (and the data suggests...
  • Why the Gap Between Worker Pay and Productivity Is So Problematic

    02/25/2015 6:34:42 AM PST · by ckilmer · 5 replies ^ | Feb 25 2015, 7:30 AM ET | Gillian B. White
    One of the most frustrating parts of the sluggish recovery has been paltry wage gains for most workers. That's because even if the stock market is performing well, corporate profits are increasing, and home values are rising—one of the most direct and important ways to boost the financial health, and consumption, of the middle and lower class is through increases to worker's wages.
  • (Video Link) Automated Conveyor Belt Sushi, Or, Why $15 Minimum Wage Will Doom Fast Food Workers

    09/11/2014 7:28:31 PM PDT · by DogByte6RER · 33 replies
    Chonday ^ | Peter Barakan
    Conveyor Belt Sushi, Japan A dining concept that lets you pick from a wide range of one of Japan's best-known foods. NOTE: Click on the referenced link to watch the video. P.S. This technology will doom the SEIU/$15.00 minimum wage movement.
  • One Cheer for Our Unproductive Congress: Legislative Inactivity is Actually a Blessing

    12/11/2013 7:37:42 AM PST · by SeekAndFind · 21 replies
    National Review ^ | 12/11/2013 | Michael Tanner
    As this session of the 113th Congress draws to a merciful close, much of the punditry has picked up on the refrain that this is the “most unproductive Congress in history.” Indeed, this Congress has passed just 28 bills, easily eclipsing the previous record for inactivity set by Congress in 2012, when it passed just 68 new laws. But why, we might ask, is this such a bad thing? Sure, there are things we might have wished Congress had accomplished. Something to address immigration or entitlement reform springs to mind. And it certainly would have produced less chaos if Congress...
  • Help us out here: What's the POINT of Microsoft Office 2013?

    01/30/2013 11:03:20 AM PST · by ShadowAce · 41 replies
    The Register ^ | 30 January 2013 | Tim Anderson
    Analysis It was Verity Stob who identified the key challenge for Microsoft Office upgrades: "Name just ONE feature introduced into Word in the 21st century that the weak-willed upgrader regularly uses," asked the antiquarian. Fourteen revisions since the first Office that it may not be easy, because spell checking, grammar checking, wiggly underlines, paragraph styles and even Track Changes have been in Word since way back when. With Office 2013 now officially available, is there anything in it actually worth upgrading for? As was the case with its predecessors, the latest Office upgrade is driven less by actual appetite from...
  • Intoxicated Auto Workers Reinstated

    12/15/2012 2:04:58 PM PST · by John Semmens · 6 replies
    Semi-News/Semi-Satire ^ | 15 Dec 2012 | John Semmens
    Chrysler was forced to reinstate 13 assembly line workers fired two years ago when a TV news crew caught them drinking and smoking pot on the job at the company's Jefferson North Assembly Plant in Detroit. “First of all, the filming was an invasion of these employees' privacy,” arbitrator Justin Moran ruled. “Second, since the film showed no evidence that the accused were actually working on assembling vehicles at the time, the company's prohibition against 'drinking on the job' could not be proved to have been violated. Consequently, the company's argument that the firing was justified because intoxicated employees could...
  • Americans Are Literally Being Worked To Death

    09/28/2012 5:25:31 AM PDT · by SeekAndFind · 63 replies
    TEC ^ | 09/27/2012 | Michael Snyder
    Tweet Are you constantly tired and do you feel incredibly stressed almost all the time? Well, that means that there is a really good chance that you are a typical American worker. Even though our incomes are going down, Americans are spending more time at work than ever before. In fact, U.S. workers spend more time at work than anyone else in the world. But it was not always this way. Back in 1970, the average work week for an American worker was about 35 hours. Today, it is up to 46 hours. But there are other major economies...
  • President Obama’s Productivity Tactics (Barf Alert!)

    09/18/2012 9:38:06 AM PDT · by NowApproachingMidnight · 5 replies
    Lifehacker ^ | 9/18/12 | Melanie Pinola
    It's a huge understatement to say that being president is a very demanding job. It requires some serious time management and work coping skills. 99U has compiled a list of things President Obama does that keep him going and focused and help him get things done.
  • Unrecoverable Stall: Air France 447, America

    02/15/2012 8:17:32 PM PST · by stolinsky · 4 replies ^ | 02-16-12 | stolinsky
      Unrecoverable Stall: Air France 447, America David C. Stolinsky Feb. 16, 2012 The closest I ever came to flying a plane was sitting next to a colleague who was piloting a small plane. But even I know that what enables a plane to fly is lift. As the plane moves forward, the angle and shape of the wings cause the air rushing by to produce an upward force. This lift must exceed the drag caused by the friction of the air, and still be enough to counter the plane’s weight. Unlike balloons or blimps, airplanes are heavier than...
  • Less productive, but richer (Compared with U.S., Canada's output/hour is down, but Incomes are up)

    12/31/2011 7:27:37 AM PST · by SeekAndFind · 8 replies
    Financial Post ^ | 12/31/2011 | William Watson
    This roll the country has been on lately, where we burn brighter and brighter while our traditional lodestars, the United States and Europe, sink deeper into the western sky — and, moreover, the rest of the world seems to be noticing our ascent — has produced strangely unaccustomed feelings of self-confidence in many Canadians. It’s not that they aren’t nice feelings. But for a country more used to thinking of itself as not being terribly noticeable, superstar status — well, OK, let’s not get carried away — rising-star status takes getting used to. Not since Expo 67 or the early...
  • U.S. productivity rises 3.1% in third quarter

    11/03/2011 7:08:14 AM PDT · by Free Vulcan · 9 replies
    Marketwatch ^ | 11.3.11 | Jeffry Bartash
    The productivity of U.S. businesses climbed 3.1% in the third quarter...Economists surveyed by MarketWatch had expected productivity to increase by 3.7% in the third quarter... ...real output, grew at an annual rate of 3.8%...Hours worked, however, rose a much smaller 0.6%, according to Labor Department data released Thursday. As a result, unit-labor costs fell 2.4%...
  • Second-quarter U.S. productivity falls 0.3%

    08/09/2011 7:04:07 AM PDT · by tcrlaf · 21 replies
    CBS Marketwtch ^ | 8-9-11 | Jeffry Bartash
    The productivity of U.S. businesses fell in the second quarter, the government said Tuesday, while first-quarter figures were revised lower to show a decline as labor costs accelerated. Second-quarter productivity fell by a 0.3% annual rate on a seasonally adjusted basis, according to the Labor Department. Productivity in the first quarter was revised lower to a 0.6% decline instead of a 1.8% increase. The economy hasn’t experienced two straight drops in productivity since the second half of 2008. The government also revised productivity for the prior three years, showing a higher increase in 2010 and lower gains in 2009 and...