Yes, the American Economy Is in a Funk — But Not for the Reasons You Think
Yes, the American Economy Is in a Funk — But Not for the Reasons You Think
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As sexy as the digital revolution may be, it can’t compare to the Second Industrial Revolution (electricity! the gas engine! antibiotics!), which created the biggest standard-of-living boost in U.S. history. The only problem, argues the economist Robert Gordon, is that the Second Industrial Revolution was a one-time event. So what happens next?