This is just a really good read. Professor Gordon from Northwestern makes his case that the rapid rise in per capita (in the advanced economies), might well have been a two-century blip in the really really long term.
He lays out the three revolutions (steam engines/rail roads - electicity/water - computers/internet) and then argues against further increases at such historical rates. The abridged/intro version is available on voxeu.
He lays out the three revolutions (steam engines/rail roads - electicity/water - computers/internet) and then argues against further increases at such historical rates. The abridged/intro version is available on voxeu.
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