Blowing bubbles. (Letters).The productivity conclusions reached by Karen Kornbluh Karen Kornbluh (b. 1963) is an American economist, former United States Treasury Department official, and expert on communications policy, international trade and issues affecting working families. She is currently policy director for U.S. Senator Barack Obama. in her article ("Disconnect disconnect - SCSI reconnect : How Bush and Michael Powell Are Killing the New Economy and How to Turn it Around," October 2001) are questionable. Although the overall economy is faltering, it is not clear that productivity is falling. In fact, quite the opposite may be true. At the tops of bubbles bubbles symbolic of transitoriness of life. [Art: Hall, 54] See : Brevity , people with less marketable Marketable are securities that can be easily converted into cash. Such securities will generally have highly liquid markets allowing the security to be sold at a reasonable price very quickly. skills become employed, lowering productivity. These same people are often the first to lose their jobs when the economy turns south, but these losses actually improve productivity, since these workers generally have the lowest individual productivity. STEVE SCHEAR Via Email |
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