The Economic Justice Commission’s feel-good policies would make Britain poorer
Sam Dumitriu, in CapX , argues that a report by the Institute for Public Policy Research "focuses on the wrong causes and ignore the real problems" in regards to produtctivity ang growth. He is quoting Magnus Henrekson, IFN: "Economic growth is not primarily about firms growing by a similar percentage or productivity rising in existing jobs because of technological change and more capital per worker. Rather, it comes mainly from churning (firm and job turnover) and restructuring — mostly shifts in production from less to more successful firms”.