tag:blogger.com,1999:blog-6991386370942322529.post5444882428069631966..comments2023-11-02T09:09:10.110-04:00Comments on Perry Sadorsky's blog: Comparing Labour Productivity in Canada and the USPerry Sadorskyhttp://www.blogger.com/profile/07459686601682036963noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6991386370942322529.post-82961253567433779652011-08-03T11:33:13.271-04:002011-08-03T11:33:13.271-04:00Productivity is a multi faceted concern and not su...Productivity is a multi faceted concern and not surprisingly Stephen Gordon has added to his list of mediocre articles today: Forget productivity, our incomes are rising http://t.co/BfYYrN6 via @globeandmail<br /><br />Granted, how does one accurately measure productivity when the major sectors are resources based? While there is a reluctance to learn from history there must also be legacy institutional factors at work here: guilds are promiment in Canada as is cronyism. <br />Being a 'yes man' in Corporate Canada will get you a lot further than being an iconoclast but it encourages groupthink and mediocrity. <br />A hidden secret of Ontario's manufacturing sector is a branch plant mindset with comparatively (on a global scale) backward management approach --sub in cheap labour for capital. <br />Canadian manufacturing's addiction to a falling loonie came home to roost as the secular commodity bull run began in 2003.Anonymoushttps://www.blogger.com/profile/07857616719536009725noreply@blogger.com