Wise Bread| The weird logic of economic growth

SOURCE:  http://www.wisebread.com/

Besides growing the workforce, the other way to increase growth is to increase productivity.  If each worker can do more work, everybody can come out ahead.  The main way make workers more productive is through investment in things like tools and equipment. 
You can also make workers more productive through education, although we've not had much success with that, except where workers choose to make themselves more productive by investing in their own education. 
(A third obvious possibility--greater productivity by making job conditions more like sweatshops--doesn't get much praise, except in industry-specific trade journals.)...MORE