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But it's possible that productivity also rises because the higher minimum attracts more efficient workers to the labor pool.
We don't go in order to be more efficient workers or to fulfil a social duty (most of us, that is).
The restructuring plan had been skewed by the German government's desire to preserve German jobs, even at the expense of more efficient workers elsewhere.
The restructuring plan had been skewed by the German government's desire to preserve German jobs, even at the expense of more efficient workers elsewhere.Once the European Commission forced the German government to extend its offer of aid to other restructuring schemes, GM decided against the wishes of Mr Henderson to pull out and attempt to revive Opel/Vauxhall itself.
The paper made envious comparisons between Kiwis and Australians the latter group has more efficient workers.So maybe we should be more self-critical about how much we work.
We can observe that the utility decreases as more efficient workers join, and the effect of |W|'s growth on the running time is not obvious.
Similar(52)
Ultimately, tax neutrality between human workers and robots will improve efficiency by allowing firms to select the more efficient worker, robot or human, without tax-based distortions.
Technology played a key role in the long run of prosperity by making businesses more efficient and workers more productive.
But, as factories grew more efficient, fewer workers were needed to run them.
In an essay on "The Nature of the Firm", published in 1937, Ronald Coase, an economist who later won the Nobel prize, argued that the cost of transactions determined the boundaries of firms, making it more efficient for workers to band together in a company than to operate as separate agents.
It also suggests that some states have more efficient health workers.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com