Skanda Amarnath
speaker
150 appearances
1 recordings
1 series
first heard Nov 2024
last heard Nov 2024
Skanda Amarnath’s voice in public audio — every appearance, attributed to the second.
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Appearances
But um I look elections are for people who like numbers changing and like following them, which is probably most of you, I'm gonna guess, on some level if you're interested in finance and markets.
Um yeah, it's just a fun exercise of like seeing how margins shift.
I have some spreadsheets prepared for myself just to kind of track things if the New York Times m needle isn't up and running.
And yeah, I'll I will probably take it easy in the day, but uh maybe we'll catch a nap and then I will probably be up till uh at least three AM.
Yes.
Just speaking in terms of the realized data, and I try to start from how's the data measured?
What what are we actually capturing?
Which may not be indicative of
sort of conceptually what we associate with productive productivity, but productivity growth is actually outperformed
post pandemic in a pretty meaningful sense relative to what we were seeing po pre pandemic.
So pre pandemic was roughly one point four percent.
Um if you take sort of longer look backs.
And we've been down over p post pandemic period something like two percent.
Maybe it's one point nine, maybe it's two.
But that's like on an annualized basis.
That's pretty meaningful deviation.
And
There are like a lot of reasons why, but I think that it all kind of has to come back to like the measured set of transactions, inflation adjusted, divided by total hours work.
That is basically our most measurable version of productivity.
It's comes with lots of flaws.
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