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Macroeconomics 8: Productivity & Getting Lit

Planet Money Summer School

CHAPTER

The Story of Constant Economic Growth, Constant Productivity Improvement

A company has developed a new type of light bulb that is much more efficient than traditional bulbs. Havy asks if we're going to run out of ways to make things better? He says technology improves, then we can continue to make them better and faster. But there are no physical limits on the speed at which something can be made or improved.

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