Add to ORKGClaims that the Australian economy has experienced a 'productivity miracle' have been made with increasing frequency and confidence since the late 1990s. Krugman (1998), in his discussion of the Asian financial crisis, described Australia as the miracle economy of the financial crisis. Similar claims have been made on behalf of many developed countries in the past twenty years. Such claims typically appear over-optimistic in retrospect. The performance of the OECD economies as a group remains significantly weaker than it was during the 'golden age' of the 1950s and 1960s, despite strong performances by particular economies in particular cycles. There is some evidence of a recovery in productivity growth from the very low levels of the 1980s...