Robert J. Gordon

“Although advertising began in the late nineteenth century with the development of the first branded products, its true explosion came in the…

— Robert J. Gordon

“both the Great Depression and World War II directly contributed to the Great Leap.”

— Robert J. Gordon

“Modern humans first emerged about 100,000 years ago. For the next 99,800 years or so, nothing happened. Well, not quite nothing. There…

— Robert J. Gordon

“Progress after 1970 continued but focused more narrowly on entertainment, communication, and information technology, in which areas progress did not arrive with…

— Robert J. Gordon

“If the stock market continues to advance, we know that inequality will increase, for capital gains on equities accrue disproportionately to the…

— Robert J. Gordon

“Compared to Canada, Japan, or any nation in western Europe, the United States combines by far the most expensive system with the…

— Robert J. Gordon

“The post-2020 fiscal reckoning does not require higher payroll taxes or lower retirement benefits, as new sources of fiscal revenue are available…

— Robert J. Gordon

“Electric light, the first reliable internal combustion engine, and wireless transmission were all invented within the same three-month period at the end…

— Robert J. Gordon

“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

“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

There are four headwinds that are just hitting the American economy in the face: They're demographics, education, debt and inequality. They're powerful…

— Robert J. Gordon

“The inexorable rise of inequality can be countered at the top by higher taxes on the highest earners who have captured so…

— Robert J. Gordon

“Chief among these headwinds is the rise of inequality that since 1970 has steadily directed an ever larger share of the fruits…

— Robert J. Gordon

“Between 1940 and 1970, output per person and output per hour continued to increase rapidly, in part as a result of three…

— Robert J. Gordon

“Inequality can be alleviated and productivity growth promoted by combating overly zealous and regressive regulations”

— Robert J. Gordon

“Throughout American economic life, regulatory barriers to entry and competition limit innovation by providing excessive monopoly privileges through copyright and patent laws,…

— Robert J. Gordon

“Our central thesis is that some inventions are more important than others, and that the revolutionary century after the Civil War was…

— Robert J. Gordon

“The consequences of dependence on the horse in 1870 involved negative externalities unrecognized by GDP, including manure and urine distributed on the…

— Robert J. Gordon

“The reason the growth in the standard of living has been understated is that the Consumer Price Index (CPI) recorded price changes…

— Robert J. Gordon

“The new element in part III is the headwinds—inequality, education, demography, and debt repayment—that are buffeting the U.S. economy and pushing down…

— Robert J. Gordon

“Unlike IR #2, the digital revolution IR #3 had a less powerful overall effect on productivity growth, and the main effect of…

— Robert J. Gordon

“GDP omits many dimensions of the quality of life that matter to people.”

— Robert J. Gordon