"Productivity" is a perfect example of the pseudscience underpinning economics
The 'science' of economics. "Economists are famously fragile about their field; after all, this is the field that created a fake Nobel prize to give its practitioners the veneer of credibility and empiricism that actual sciences enjoy. A favored tactic among economists is the use of complex equations that make it hard for nonpractitioners to spot the cards they're palming. Just as con-artists like to lard complexity into bar-bets to make it hard to calculate the odds, and just as casino games like craps add extra lines and payouts the table to confound your ability to spot the house advantage, neoliberal economics has weaponized equations to exclude its critics from the discussion. Sometimes, this shitty math is so terrible that it threatens the whole planetary economy. On Economics from the Top Down, York University PhD candidate in economics Blair Fix takes on the economic logic of measuring "productivity," demonstrating how it uses circular reasoning to prove that underpaid workers are receiving a fair wage."
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