The End Of The Age Of Speed And The Productivity Slowdown
ECONOMICS OF SPEED: MACHINE SPEED AS THE KEY FACTOR IN PRODUCTIVITY（2020）
摘要
This chapter examines the possibility that the productivity slowdown of the 1970s was a direct manifestation of the limits to speed-ups. It contends that two centuries of machine-based human betterment came to an end in the late 1960s/early 1970s. It also examines the related policy implications, notably regarding knowledge-based R&D.
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