Why Is Productivity Growth So Sluggish?

To start off the week, here is one of the enduring puzzles of the past decade: why has labor productivity grown so slowly during the recovery from the Great Recession?

Is it because the minimum wage hasn’t gone up much, giving employers little incentive to replace people with machines? Is it because the best minds of our generation are creating dating apps instead of useful labor-saving devices? Is it because the early stages of AI are so hit-and-miss that it does as much harm as good?

Leave your guess in comments. The winner gets an all-expenses-paid tenured professorship at Harvard.

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TIME IS RUNNING OUT!

We have an ambitious $350,000 online fundraising goal this month and it's truly crunch time: About 15 percent of our yearly online giving usually comes in during the final week of the year, and in "No Cute Headlines or Manipulative BS," we explain why we simply can't afford to come up short right now.

The bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. And advertising or profit-driven ownership groups will never make time-intensive, in-depth reporting viable.

That's why donations big and small make up 74 percent of our budget this year. There is no backup to keep us going, no alternate revenue source, no secret benefactor. If readers don’t donate, we won’t be here. It's that simple.

And if you can help us out with a donation right now, all online gifts will be matched thanks to an incredibly generous matching gift pledge.

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