Talk:Productivity/Archives/2017

History

Which economist is generally recognized as the one who recognized the economic impact of Productivity? Should have a short section on history or at least notate economists' contributions regarding the effect of Productivity on economic systems. Bcwilmot (talk) 05:03, 23 January 2012 (UTC)

There was a section on productivity that contained some history, but it was spun off as Productivity improving technologies (historical).Phmoreno (talk) 03:16, 26 November 2014 (UTC)

John W. Kendrick of the National Bureau of Economic Research published a data series on output, labor, inputs and capital for major industry divisions over the period between 1870 to 1953. This work is still frequently cited today.Phmoreno (talk) 03:16, 26 November 2014 (UTC)

October 2014 expansion

Average and marginal productivity (Saari 2011,8)

On 29 October User:Sepsaar did an expansion of the article. There are several problems with this. First, he added substantial material drawn from his own publications, which is not a good thing according to Wikipedia rules because this is not supposed to be a publication outlet for summaries of an editor's own previously published material.

Second, he put identical content into another article, Production theory. Wikipedia articles are not supposed to duplicate each other.

Third, this graph, drawn from one of his publications, is simply wrong in two elementary ways. For one thing, the labels on the curves show that what is measured vertically is average and marginal productivity, but the vertical axis is labeled as real output. They're not the same thing, so the graph is self-contradictory. In addition, there is a range of values of the input for which marginal is above average and yet average is declining; this is impossible. Both of these are such elementary mistakes that they lead me to question whether the Saari papers can be considered as reliable sources for the other things in the current version of the article.

I would note that the Saari references appear to be non-refereed, which Wikipedia generally considers to be a disqualification from being considered a reliable source.

I'm going to remove the incorrect graph, and as time permits I'll go through the article and see if other things need to be fixed and whether the Saari references need to be removed as not reliable. Since Saari has a WP:Conflict of interest, I urge him to refrain from participating in this clean-up process. Loraof (talk) 17:53, 4 March 2017 (UTC)

So he's copied the same text to Productivity, Production (economics), and Production theory... also Profit (accounting). I guess because he couldn't figure out the move button [1]. Well, I think it's clear that most of it only belongs on one wiki page... and not this one. --Mathnerd314159 (talk) 07:38, 11 March 2017 (UTC)

Graph: U.S. Productivity and Real Hourly Compensation (1948-2013)

This graph keeps getting inserted despite the fact that there is no text relating it to the article. The other problem is that there is a Federal Reserve paper and an NBER paper that show a different relationship. This graph has been used by people corrupting economics articles with propaganda. One such user was banned from economics topics for dishonest edits.Phmoreno (talk) 01:43, 5 September 2017 (UTC)

U.S. Productivity and Real Hourly Compensation (1948-2013)

answer

The Federal Reserve Bank of St. Louis has published a similar graph showing the widening gap between labor productivity and compensation :https://research.stlouisfed.org/publications/economic-synopses/2016/08/12/labor-compensation-and-labor-productivity-recent-recoveries-and-the-long-term-trend/

and the text relating it to the article:http://www.epi.org/publication/understanding-the-historic-divergence-between-productivity-and-a-typical-workers-pay-why-it-matters-and-why-its-real/

You're the one who makes propaganda.

James 4 (talk) 18:12, 5 September 2017 (UTC)James_4

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