The Productivity Paradox
Computers arrived in every office through the 1970s and 80s. Measured productivity did not move for two decades.
1987 (Solow's remark), debate ongoing17 min read
American macroeconomics
Robert Solow
1924 – 2023
MIT economist and 1987 Nobel laureate whose growth model made technological progress the central driver of long-run output. A single aside in a 1987 book review — that the computer age was visible everywhere except in the productivity statistics — named the productivity paradox.