Hal Varian - Google
Last quote by Hal Varian
I think GDP is larger and productivity is larger than indicated [by the data]. It is a serious issue and it's only going to get worse. GDP has a very hard time with free. If you go back to 2000, there were 80 billion photos that cost 50 cents a piece to develop. That's climbed to 1.6 trillion, but at a cost of essentially zero. And they don't show up in GDP. Why? Because they're basically not sold. But friends and family still enjoy them, and they're still a big deal.feedback
Apr 23 2017
Find all of Hal Varian’s quotes that have been published in 2 different articles on this page. Hal Varian’s quotes are organized by date and topic, making it easy for you to compare, for example, what Hal Varian has said both recently, and in the past, on a variety of topics. Some of the topics Hal Varian likes to comment on include productivity and trouble. Most recently, Hal Varian said, “If productivity growth continues to be anemic, we're in trouble.”.
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Quotes by Hal Varian
Jan 13 2017
If productivity growth continues to be anemic, we're in trouble.feedback
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