Thread: Productivity
View Single Post
  #76   Report Post  
Posted to alt.binaries.schematics.electronic,sci.electronics.design
Spehro Pefhany Spehro Pefhany is offline
external usenet poster
 
Posts: 1,475
Default Productivity - Norway leads the table.

On Wed, 05 Sep 2007 08:46:04 -0700, John Larkin
wrote:

On Wed, 05 Sep 2007 15:29:34 GMT, Joerg
wrote:

Eeyore wrote:


Joerg wrote:


Eeyore wrote:

Jim Thompson wrote:



http://news.bbc.co.uk/2/hi/business/6976084.stm

...Jim Thompson

However, Americans work more hours per year than workers in most other developed
economies. This is why, measured as value added per hour worked, Norway has the
highest labour productivity level (US$ 37.99), followed by the United States
(US$ 35.63) and France (US$ 35.08).

http://www.ilo.org/global/About_the_...3976/index.htm


Might that by any chance change once the oil and natural gas reserves of
Norway are tapped out? Value addition is fairly easy as long as you can
pump the goods out of the North Sea.


It just goes to show how worthless such studies can be. You'll also find that some (notably small) countries have very
high per-capita GDPs based on their provision of high value services like banking. That doesn't seem to have much to do
with 'productivity' in the traditonal sense to me.

That the French are on par with USA intruiged me though. It kind of kills the popular US myth about 'socialism' being
anti-business.


Socialism is anti-business. Also, they are definitely not on par WRT
services such as health care. If you get really sick over there your
chances of dying are quite a bit higher than in the US. Most certainly
so in the UK.


Do some of the european countries actually want old people to die?

John


Might be kinder than keeping them going drugged and/or in excruciating
pain the last few months or weeks with heroic measures that benefit
only the doctors.

Best regards,
Spehro Pefhany
--
"it's the network..." "The Journey is the reward"
Info for manufacturers: http://www.trexon.com
Embedded software/hardware/analog Info for designers: http://www.speff.com