The Optimistic Economy

The Optimistic Economy

This week I noticed two articles showing that after nearly 5 years various economies around the world are now showing some promising signs. According to some commentators the US is at last expecting economic growth of about 4% in 2014 /15 and this would be the best...

Robert Gordon on the end of growth at TED 2013

Here is the Prof Robert Gordon TED2013 talk on the end of growth which was answered by the Erik Brynjolfsson counter view (posted on last week.) Then the two of them had a 12 minute debate. The first point I noted is that instead of the 6 headwinds the presentation is...

The Six Headwinds slowing Innovation down

Earlier this year I came across a slide show by economist Robert J Gordon in which he talks about the end of economic growth. The slideshow I have was titled “Is U. S. Economic Growth Over? Lessons from the Long 20th Century” and it spells out his view...
The Witless Economy

The Witless Economy

With Christmas coming up time to hit the beach with a book (Southern hemisphere here). We have been through a precarious business year where our faith in the vagaries of the “free market”  should have been very considerably challenged although I personally...