Remove Cost of Capital Remove GDP Remove Innovation Remove Technology
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The Case for Investing More in People

Harvard Business Review

In the decade between 2005 and 2015, labor productivity in the US as measured by GDP per labor hour was less than 1% for 7 of the 10 years, according to the OECD. We know that great ideas that drive breakthroughs in productivity come from human beings with the time, talent and energy to innovate. And wages are stagnant.

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Even for Companies, the U.S. Is Split Between Haves and Have-Nots

Harvard Business Review

Companies in the top one-fifth of profitability earn, in aggregate, about 70 times more economic profit (accounting profit less cost of capital) than those in the middle three-fifths combined, according to McKinsey’s database of 3,000 large, publicly listed, nonfinancial U.S. GDP growth could hit nearly 5% in 2016.

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