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#23
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[ QUOTE ]
In terms of growth in productivity/hour, a more important stat, France is far ahead of the U.S. in the same time period [/ QUOTE ] I disagree that this is a relevant statistic. Because marginal productivity is concave. If I only work one hour then I can spend it on the most productive behavior. The 10th hour I work will be spent on the 10th most productive endeavours. So anybody who works less with the same technology might seem to have higher productivity. [ QUOTE ] If you knew anything concrete about French contemporary history you would not have considered posting this here. These things are one of the reasons why France's labor market is better than the u.s. labor market (people are able to work together against the power of capital in France more effectively). [/ QUOTE ] Again by what metric is it better? and how did its history contribute. I did a quick look for growth numbers. I can't find much (only 1994-1998) and its seems to me that france lagged in almost all those years. I stand corrected on the Life Expectancy. |
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