Robert Gordon: The US economy will stink for decades to come for the 99%

Robert Gordon's predicts closet to zero growth for the 99% for decades. He also concludes the structure of the economy has changed and innovation will slow to a crawl. 

Robert Gordon is predicting that economic growth for 99% of the population in the US will be below 1/2 of 1% for 99% of the population. Yes things are going to stink for a generation 

Robert Gordon: End of US Economic Growth

http://www.amazon.com/The-Rise-Fall-American-Growth/dp/0691147728

If you remember Piketty, this paper and book are almost as big.   All the top, public economists are taking this pretty seriously: Summers(Center), Krugman (left) and Edward Glaeser (right) have all reviewed the book and supported it's conclusions

Here is the best summary

https://www.washingtonpost.com/news/wonk/wp/2014/02/24/qa-why-robert-gordon-thinks-growth-is-over-and-what-we-can-do-about-it/

A short summary here

http://www.cepr.org/sites/default/files/policy_insights/PolicyInsight63.pdf

Here is original paper from NBER

http://www.nber.org/papers/w18315.pdf

WSJ review

http://www.wsj.com/articles/those-were-the-daysthe-problem-of-growth-1452889499

NYT review

http://www.nytimes.com/2016/01/31/books/review/the-powers-that-were.html?_r=0

A couple of old TED talks

https://www.ted.com/talks/robert_gordon_the_death_of_innovation_the_end_of_growth?language=en