In this episode, we go to the root of one of the most debated and least understood topics in Portugal: productivity. In a direct conversation with member of parliament and economist Carlos Guimarães Pinto, we demystify the idea that the lack of productivity and low wages result from a lack of effort by the Portuguese people.
Throughout the episode, we explore how excessive bureaucracy, the slowness of the justice system, and a tax system that penalizes growth end up driving away investment. We also discuss the impact of a state apparatus lacking efficiency incentives, the danger of political leadership hostage to short-term polls, and why creativity and critical thinking will be the rarest and most valuable skills in the future job market.
