This week’s economic news summary includes sales tax debates,municipal revenue, stock markets and politics, Uber’s externalities, and productivity problems.
Because productivity growth improves our standard of living, economists are trying to understand why the productivity growth rate is declining.
Shown by Fitbits, workplace output goals and division of labor, when implicit and explicit targets increase self-control, they boost productivity.
What happens when a parent of twins makes them compete? And what if the better twin is told that he has to remain ahead of his slower sibling? For twin steel factories, one in Burns Harbor, Indiana and the other…