A minority report: Experts look at some of the assumptions used in traditional measures of productivity and probe productivity's impact

The conventional wisdom about productivity generally consists, these days, of a lot of hand wringing about the terrible things that are about to occur because of the alleged decline in the rate of productivity growth. This point of view is well expressed by Edgar Weinberg in the previous article (p. 34), and will be taken up in detail throughout the rest of this issue.