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The growth in information technology has been a major factor lifting the productivity of American workers, Federal Reserve Chairman Alan Greenspan said Tuesday. What differe
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stanley cup history is the extraordinary role played by information and communication technologies, Greenspan said. The effect of these technologies could rival and arguably even surpass the impact the telegraph had prior to, and just after, the Civil War. Greenspan used his remarks before the New York Association for Business Economics to try to bolster the case that a significant rebound in productivity 151; the output per hour of work 151; has occurred in recent years and that much of the improvement was due to basic changes in the economy, rather than temporary factors that could disappear. Our economy is benefiting from structural gains in productivity that have been driven by a remarkable wave of technological innovation, Greenspan said in the speech, which he delivered by satellite hookup to the conference in New York.Greenspan s comments marked the strongest statements he has made to date in the argument that is waging in economic circles over whether the rebound in productivity in recent years in government statistics would be long-lasting. The government figures show that productivity growth in the past five years has nearly doubled the sluggi
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We ;ve been excited about Christopher Nolan new epic, Interstellar, for some time. But the arrival of a brand new trailer, revealing an emotional Matthew McConaughey preparing to save us Earthlings from imminent starvation, is still thrilling. It like the Great Depression meets 2001: A S
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