Productivity is not just an important concept for economists, but for other social scientists as well. This article by Jeff Matrick, Editor of Challenge and economics columnist for the New York Times, is a review of a the recently published edited volume Towards a Social Understanding of...

By not including a measure of household production in the U.S. GDP, the U.S. economy's performance since the early 1970s compared with the economy's performance since the Civil War has been underestimated. Had household production been incorporated into the U.S. measures, the source of the...