There is some truth in that. Poor people, by virtue of not having many things, value what they do have incredibly highly. That often isn't material wealth but things like their national identity… (View Post)

That might be the perception. But for most people hosting costs are a low proportion of their incomes, particularly compared with other countries. A large proportion own outright, and as an issue it … (View Post)

2010 - 2021 NHS productivity growth: -5.3% Overall productivity growth: 6.2% NHS real wage growth: -4.5% Private sector real wage growth: 0.6% So the NHS got trashed by COVID. Who knew? (View Post)

Figure 8 shoes that NHS productivity was growing quite a bit in the run up to the pandemic, up nearly 25% compared with 1997. Given overall productivity growth has been rubbish, you might actually fi… (View Post)

Careful - there was a study going round that showed the massive cut in middle management from 2010 onwards led to consultants doing loads of paperwork, killing productivity. I don't have an answ… (View Post)