Cohen, Jérémie.
What’s at stake: In an effort to rebut the criticisms that his controversial 2012 paper “Is U.S. economic growth over?” drew and the recent affirmations by techno-optimists that productivity is reaching an inflection point, Economist Robert Gordon of Northwestern University published a new NBER working paper, which argues that growth will significantly slow down over the next four decades even if one does not assume a significant slowdown in the pace of future innovation.
Πηγή: Bruegel