This quarterly treadmill encourages short-term speculation, which undercuts long-term productivity.

Importance of Inflation Several economists said low inflation was important for raising long-term productivity and economic growth, since high inflation distorts prices, worries investors and often slows capital spending.

There are people who blame takeover fever for the stock market collapse and there are people who say hostile takeovers have hurt the long-term productivity of American companies.

Organic fertilizers have been known to improve biodiversity (soil life) and long-term productivity of soil, and may prove a large depository for excess carbon dioxide.

Thus, African Americans were laboring harder for lower crop returns, and putting the long-term productivity of their land in greater jeopardy (Ransom & Sutch 1973:142).

Federal spending on education and nondefense R&D, which is intended to enhance the nation's long-term productivity, also remained relatively constant as a share of GDP over the 1990s.

The federal government has played a central role in supporting R&D and thus enhancing the nation's long-term productivity.

Short-term economic gains made by conversion of forest to agriculture, or over-exploitation of wood products, typically leads to loss of long-term income and long-term biological productivity.

I think that long-term productivity depends, to a large extent, on the sustainable management of natural resources, which is another objective on the agenda.

To the extent the borrowed funds are invested today to improve the long-term productivity of the economy and its workers, such as via useful infrastructure projects, future generations may benefit.