Explore how the One-Third Rule estimates changes in labor productivity from shifts in capital investment, impacting economic ...

Efficiency wages boost productivity by paying above market rates to retain skilled workers, reduce turnover, and foster loyalty. Learn how it impacts business success.

The law of diminishing returns is a concept of economics that every entrepreneur should understand. Also known as the law of diminishing marginal returns, this law helps entrepreneurs and economists ...

Ask any economist and he or she will tell you that faster productivity growth leads to higher real wages and improved living standards. So, from those perspectives, the recent evidence of strong ...

Being successful at work is likely to require some degree of productivity. You’ll be required to meet deadlines and deliver quality work to further the interests of your organization. While ...

It can be hard to make the most of your time when you’re running a business, especially when you’re wearing a lot of different hats and trying to complete a lot of different tasks. There are others ...

If you’ve ever been angered about the entire sum of your work being reduced to the “billable hour,” apparently things have gotten worse for many workers. The New York Times recently published an ...

The Productivity Commission defines productivity as "a measure of the rate at which output of goods and services are produced per unit of input (labor, capital, raw materials, etc.)." Productivity has ...

Early in the pandemic, I received an e-mail from a reader who embraced my writing about the importance of deep work and the need to minimize distractions, but was thrown by my use of the term ...

THE PROSPECTS for a productivity resurgence may seem grim. After all, the past decade has featured plenty of technological fatalism: in 2013 Peter Thiel, a venture capitalist, mused of the ...