3min chapter

Ordinary Astronauts cover image

Interview: Brad DeLong, author of Slouching Towards Utopia

Ordinary Astronauts

CHAPTER

Globalization - The Biggest Thing to Watch

The rate of technological progress for the world as a whole goes from 5% per century before 1500 to 15% per century after that. And then with the coming of the industrial revolution, it triples again to a little less than half a percentage point per year. In 1870, the more than quadrupling three discontinuous step ups. But even that really isn't enough to change the world.

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