Productivity increased 9.5 percent in the nonfarm business sector during the third quarter of 2009 as unit labor costs fell 5.2 percent (seasonally adjusted annual rates). In manufacturing, productivity increased 13.6 percent while unit labor costs fell 7.1 percent… Back in the 1930s there was a Polish Marxist economist, Michel Kalecki, who argued... - http://quotingthecrisis.tumblr.com/post...