Edmund Phelps quote

After a major loss of dynamism in the 1960s, productivity growth rates began dropping in most countries, falling by half in the U.S. in the 1970s and more or less ceasing altogether in France, Germany and Britain in the late 1990s.
Edmund Phelps

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Dynamism: The Values That Drive Innovation, Job Satisfaction, and Economic Growth
Dynamism: The Values That Drive Innovation, Job Satisfaction, and Economic Growth
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