inspiral + measurement + brookingsinstitution   1

Is Twitter Making Us More Productive? | FiveThirtyEight
The authors of the Brookings paper dismiss this free enjoyment as a “non-market” benefit that is rightly excluded from economic measures. But if the ultimate goal of measuring the economy is to understand people’s welfare, why should it matter whether any money changed hands? Or as University of California, Berkeley, economist Brad DeLong put it this week: If our definitions of output and productivity ignore something that people have decided improves their welfare, that “is an indictment of those measures.”
tech  innovation  automation  productivity  review  critique  measurement  BrookingsInstitution  FiveThirtyEight  2016 
march 2016 by inspiral

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