Eli Dourado, an economist noted for his insights on productivity, joins the hosts to unravel the mysteries of the Great Stagnation. They dive into how governance, more than technology, has stalled progress since the 1970s and highlight the contrasting innovation strategies of the U.S. and China. The conversation touches on engineering advancements in aerospace, particularly SpaceX's iterative approach, and discusses the future of solar-powered appliances. The episode balances optimistic outlooks against societal pessimism, making a case for proactive economic development.
