“Electric light, the first reliable internal combustion engine, and wireless transmission were all invented within the same three-month period at the end of 1879. Within” — Robert J. Gordon Copy Share Image
“Although advertising began in the late nineteenth century with the development of the first branded products, its true explosion came in the 1920s, when… — Robert J. Gordon Copy Share
“both the Great Depression and World War II directly contributed to the Great Leap.” — Robert J. Gordon Copy Share
“Modern humans first emerged about 100,000 years ago. For the next 99,800 years or so, nothing happened. Well, not quite nothing. There were wars,… — Robert J. Gordon Copy Share
“Progress after 1970 continued but focused more narrowly on entertainment, communication, and information technology, in which areas progress did not arrive with a great… — Robert J. Gordon Copy Share
“If the stock market continues to advance, we know that inequality will increase, for capital gains on equities accrue disproportionately to the top income… — Robert J. Gordon Copy Share
“Compared to Canada, Japan, or any nation in western Europe, the United States combines by far the most expensive system with the shortest life… — Robert J. Gordon Copy Share
“The post-2020 fiscal reckoning does not require higher payroll taxes or lower retirement benefits, as new sources of fiscal revenue are available from drug… — Robert J. Gordon Copy Share
“Electric light, the first reliable internal combustion engine, and wireless transmission were all invented within the same three-month period at the end of 1879. Within” — Robert J. Gordon Copy Share
“The economic revolution of 1870 to 1970 was unique in human history, unrepeatable because so many of its achievements could happen only once.” — Robert J. Gordon Copy Share
“Morris Kleiner has calculated that the percentage of jobs subject to occupational licensing has expanded from 10 percent in 1970 to 30 percent in 2008.” — Robert J. Gordon Copy Share
There are four headwinds that are just hitting the American economy in the face: They're demographics, education, debt and inequality. They're powerful enough to… — Robert J. Gordon Copy Share
“The inexorable rise of inequality can be countered at the top by higher taxes on the highest earners who have captured so much more… — Robert J. Gordon Copy Share
“Chief among these headwinds is the rise of inequality that since 1970 has steadily directed an ever larger share of the fruits of the… — Robert J. Gordon Copy Share
“Between 1940 and 1970, output per person and output per hour continued to increase rapidly, in part as a result of three of the… — Robert J. Gordon Copy Share
“Inequality can be alleviated and productivity growth promoted by combating overly zealous and regressive regulations” — Robert J. Gordon Copy Share
