Faculty News
In an op-ed, Professor Michael Spence examines the productivity slowdown since 2008 and the lagging effects of IT investment
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Excerpt from Project Syndicate -- "Organizations, businesses, and people all have to adapt to the technologically driven shifts in our economies’ structure. These transitions will be lengthy, rewarding some and forcing difficult adjustments on others, and their productivity effects will not appear in aggregate data for some time. But those who move first are likely to benefit the most."
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