How the U.S. Has Kept the Productivity Playing Field Tilted to Its Advantage

How the U.S. Has Kept the Productivity Playing Field Tilted to Its Advantage: “When Americans take over a business in Britain, the business becomes significantly better at translating technology spending into productivity than a comparable business taken over by someone else. It is as if the invisible hand of the American marketplace were somehow passing along a secret handshake to these firms.”

[bookmark]