How does the rise in land-use regulation play into the decline in construction sector productivity?| www.richmondfed.org
In the long run, the standard of living for people in an economy rises as the amount of output produced per hour of work--that is, productivity--rises. There's reason for concern when productivity in an industry falls for a sustained period of time. In partiuclar, productivity seems to be falling in construction of housing, at the| Conversable Economist - In Hume’s spirit, I will attempt to serve as an amb...