Stephen S. Roach, chief economist for Morgan Stanley, has an op-ed in Sunday’s N.Y. Times: The Productivity Paradox.
If that title sounds vaguely familiar, it may be because of something published here 6 months ago: The New “Productivity Paradox”.
Although the language is quite different — Roach is rather erudite and has an academic tone — the concepts discussed are somewhat similar. I’m glad to see the meme we first launched into the world June 19th is finding greater resonance.
Source:
The Productivity Paradox
By Stephen S. Roach
NYT, November 30, 2003
http://nytimes.com/2003/11/30/opinion/30ROAC.html