{"product_id":"productivity-and-the-bonus-culture-hardcover","title":"Productivity and the Bonus Culture - Hardcover","description":"\u003cp\u003eby \u003cb\u003eAndrew Smithers\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003eLiving standards in the UK and US are in danger of falling. A decline in growth due to poor productivity and an unfavourable change in demography has weakened the stand of liberal democracy, and voter dissatisfaction is encouraging populist policies that threaten even worse outcomes. Whilst living standards once grew faster than productivity they now grow more slowly, and the working population is no longer growing faster than the population as a whole. To avoid falling living standards the productivity problem must be addressed. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eAndrew Smithers argues that faster productivity does not depend, as many suggest, on technology; it also relies on investment. Current growth theory is based on a faulty model which has induced pessimism about our ability to encourage more growth. \u003cem\u003eProductivity and the Bonus Culture\u003c\/em\u003e sets out a revised model which demonstrates that weakness in productivity is the result of the bonus culture, and suggests ways to change this flawed system so that investment is encouraged and growth returns.\u003cbr\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003cbr\u003eAndrew Smithers \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eAndrew Smithers is the founder of economic consultancy Smithers \u0026amp; Co. He is the author of \u003cem\u003eValuing Wall Street: Protecting Wealth in Turbulent Markets\u003c\/em\u003e, \u003cem\u003eThe Road to Recovery: How Economic Policy Must Change\u003c\/em\u003e, and \u003cem\u003eWall Street Revalued: Imperfect Markets and Inept Central Bankers\u003c\/em\u003e. He is a former columnist for the London Evening Standard, and has also written columns and blogs for The Times and the Financial Times.\u003cbr\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 192\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.8 x 9.3 x 6.1 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e September 11, 2019\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":51753981083936,"sku":"9780198836117","price":82.06,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0974\/9764\/5344\/files\/7cfedffbcadb5cb5e9df7ea7d14b5a79.webp?v=1780030845","url":"https:\/\/ebocreations.com\/products\/productivity-and-the-bonus-culture-hardcover","provider":"The E-Book Oasis LLC","version":"1.0","type":"link"}