In this first lecture, economic performance will be considered in terms of income and productivity growth, prior to and following the recession. We shall examine the so-called "productivity puzzle" and explore the possible explanations and solutions.

The transcript and downloadable versions of the lecture are available from the Gresham College website: http://www.gresham.ac.uk/lectures-and-events/recession-and-recovery

Gresham College has been giving free public lectures since 1597. This tradition continues today with all of our five or so public lectures a week being made available for free download from our website. There are currently over 1,900 lectures free to access or download from the website.

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