Has American productivity really slowed?

The labor productivity rate measures the amount of real GDP produced by an hour of labor. And in the United States, labor productivity has slowed sharply in recent years.

Unraveling the lessons of Japan's first tech boom

High-tech start-ups, unconventional management, and a party atmosphere: it sounds like a scene from a modern business incubator, but it also describes Japan’s cotton-spinning industry in the late 19th century.