Sunday, February 28, 2016

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

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

A short summary here

NYT review

A couple of old TED talks

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