What do we measure?

18 Aug 2017 8:44 AM | John Heap (Administrator)

France takes the summer off.  Many factories close down for a month while workers holiday en masse.


Other European countries also take longer holidays than the UK. 


Yet the productivity of these countries is higher.


Can anyone explain this - it is counter-intuitive.


I have voiced my doubts about the way we measure national productivity before. 


Each time I note something like this, I become more convinced that we need to take a fresh look at what we measure and compare.

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