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Listener Q&A episode

The New Bazaar

CHAPTER

What Happened in the Seventies?

Since roughly the 19 seventies, economic growth has slowed down. Productivity growth is a measure of how efficient the economy is. Central banks are paying more and more attention to running a tight labor market. In five or ten years, we'll see a difference on the technological side? Well, actually it's not quite that far off.

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