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Several economists write about the Great Stagnation a lot at www.marginalrevolution.com. A couple things to think about: - There have been a lot of very smart
by mathattack 14y ago
Several economists write about the Great Stagnation a lot at www.marginalrevolution.com.
A couple things to think about:
- There have been a lot of very smart people who have thought growth can't solve the world's problems. They've been wrong. For example.... http://en.wikipedia.org/wiki/Thomas_Robert_Malthus http://en.wikipedia.org/wiki/Thomas_Robert_Malthus
- This seems to have hit the great middle... The one downside of people getting hyper-productive with technology is the masses who can't keep up do get left behind. This is more a problem for the customers of YC than HN's readers.
- jstelly 14y agoI am surprised that this article is not referencing Tyler Cowen's book: http://www.amazon.com/gp/product/0525952713/ref=as_li_tf_tl?ie=UTF8&tag=marginalrevol-20&linkCode=as2&camp=217145&creative=399349&creativeASIN=0525952713 http://www.amazon.com/gp/product/0525952713/ref=as_li_tf_tl?... or at least his blog. It is a pretty interesting analysis that deserves serious consideration. He does point out that communications and the internet are a bright spot of hope in our otherwise slowly growing economy.
- mathattack 14y agoYes - same authors. Thank you for the more precise link.