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Towards a Social Understanding of Productivity: A Review Article

Author

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  • Jeff Madrick

Abstract

Productivity is not just an important concept for economists, but for other social scientists as well. This article by Jeff Matrick, Editor of Challenge and economics columnist for the New York Times, is a review of a the recently published edited volume Towards a Social Understanding of Productivity. The papers looks at the impact of productivity on social well-being and examines the social determinants of productivity growth. Madrick notes that the volume reinforce the conventional view that productivity is essentially to a rising standard of living and at the same time adds considerably to a fuller understanding of how social factors affect economic growth and how economic growth is linked to social improvement.

Suggested Citation

  • Jeff Madrick, 2003. "Towards a Social Understanding of Productivity: A Review Article," International Productivity Monitor, Centre for the Study of Living Standards, vol. 6, pages 72-74, Spring.
    • Handle: RePEc:sls:ipmsls:v:6:y:2003:7
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    File URL: http://www.csls.ca/ipm/6/madrickreview-e.pdf
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    File URL: http://www.csls.ca/ipm/6/madrickreview-f.pdf
    File Function: version en francais, pp:80-83
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    More about this item

    Keywords

    Social Policy; Social Economics; Growth; Redistribution; Well-being; Wellbeing; Welfare; Inequality;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • I00 - Health, Education, and Welfare - - General - - - General

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