PeakOil is You
Institutional rigidness in the initial PO crisis
Re: Institutional rigidness in the initial PO crisis
by Bas » Fri 16 Feb 2007, 14:13:35
$this->bbcode_second_pass_quote('', 'a')lso from headline growth you need to strip out inflation to get real growth. in the end real growth only comes from labor productivity enhancements.
that speaks for itself, and is always done when growth numbers are publicised in newspapers etc. (though they don't always say it's corrected for inflation/real when it in fact is)
- Bas
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