The end of our 50-year stagnation | Tyler Cowen
The TED Interview
The Great Stagnation
In the last 100 years, rates of innovation slow considerably around 19 73. But if you go back to your grandmother's first 50 years, all that has changed radically. She was born in 19 o five when most americans lived in rural areas and didn't go to high school. The chance you had electricity was extraordinarily high. That you had a radio, was almost certain you would be on the verge of getting a tele on. You couldn't fly in an airplane. Clean water was not to be taken for granted. In my first 59 a few things changed, like i'v an iphone, but so much as stayed the same. I grew up being cartered ound
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