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The end of our 50-year stagnation | Tyler Cowen

The TED Interview

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Dematerialization

Most capital in the american economy is what we call intangible capital. It's typically, on average, more pleasant to work with. And i think it is part of the processes of innovation that makes steady, ongoing growth both possible and desirable. I take a lot of inspiration just from people who have been doers, like elan musk, peter tel patrick ollison,. They are also theorists, and i think that is somewhat a neglected point. they have theories about the world driving what they do.

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