Barro and Summers wrestle with productivity puzzle
Economists puzzle over strong labour market and weak growth
Two major economists came together today (November 4) to try and pick apart the reasons for the unusually slow recovery from the 2008 crisis.
Larry Summers and Robert Barro, both professors at Harvard University, took opposing sides in a discussion hosted by the American Enterprise Institute, though they also found common ground.
Barro focused on supply side explanations in tackling what he called "the big surprise" of the recent period – the labour market in the US, as in many other advanced
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