The Great Economists: How Their Ideas Can Help Us Today
by Linda Yueh · 15 Mar 2018 · 374pp · 113,126 words
productivity across the economy. Solow’s 1987 observation that ‘You can see the computer age everywhere but in the productivity statistics’ is known as the Solow paradox.6 He revisited this question decades later, but concluded that we still do not know, as the role of computing is still evolving. Solow points
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of Economics and Statistics, 39(3), pp. 312–20. 6. Paul A. David, 1990, ‘The Dynamo and the Computer: A Historical Perspective on the Modern Productivity Paradox’, American Economic Review, 80(2), pp. 355–61. 7. Douglas Clement, 2002, ‘Interview with Robert Solow’, The Region, Federal Reserve Bank of Minneapolis, 1 September
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the European Economic Association, 3(2/3), pp. 525–34 David, Paul A., 1990, ‘The Dynamo and the Computer: A Historical Perspective on the Modern Productivity Paradox’, American Economic Review, 80(2), pp. 355–61 De Vecchi, Nicolò, 2006, ‘Hayek and the General Theory’, European Journal of the History of Economic Thought
What Would the Great Economists Do?: How Twelve Brilliant Minds Would Solve Today's Biggest Problems
by Linda Yueh · 4 Jun 2018 · 453pp · 117,893 words
productivity across the economy. Solow’s 1987 observation that ‘You can see the computer age everywhere but in the productivity statistics’ is known as the Solow paradox.6 He revisited this question decades later, but concluded that we still do not know, as the role of computing is still evolving. Solow points
…
the European Economic Association, 3(2/3), pp. 525–34 David, Paul A., 1990, ‘The Dynamo and the Computer: A Historical Perspective on the Modern Productivity Paradox’, American Economic Review, 80(2), pp. 355–61 De Vecchi, Nicolò, 2006, ‘Hayek and the General Theory ’, European Journal of the History of Economic Thought
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of Economics and Statistics, 39(3), pp. 312–20. 6. Paul A. David, 1990, ‘The Dynamo and the Computer: A Historical Perspective on the Modern Productivity Paradox’, American Economic Review, 80(2), pp. 355–61. 7. Douglas Clement, 2002, ‘Interview with Robert Solow’, The Region, Federal Reserve Bank of Minneapolis, 1 September
The Rise and Fall of American Growth: The U.S. Standard of Living Since the Civil War (The Princeton Economic History of the Western World)
by Robert J. Gordon · 12 Jan 2016 · 1,104pp · 302,176 words
Perspective,” in Engerman and Gallman (2000), pp. 1–92. Acemoglu, Daron, Autor, David H., Dorn, David, Hanson, Gordon, and Price, Brendan. (2014). “Return of the Solow Paradox? IT, Productivity, and Employment in U.S. Manufacturing,” NBER Working Paper 19837, January. Acs, Zoltan J., and Lyles, Alan. (2007). Obesity, Business and Public Policy
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Journal of Political Economy. 84, no. 1 (February): 1–16. David, Paul A. (1990). “The Dynamo and the Computer: An Historical Perspective on the Modern Productivity Paradox,” American Economic Review Papers and Proceedings 80, no. 2 (May): 355–61. Davis, Steven J., and Haltiwanger, John. (2014). “Labor Market Fluidity and Economic Performance
Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity
by Daron Acemoglu and Simon Johnson · 15 May 2023 · 619pp · 177,548 words
Earnings.” Handbook of Labor Economics 4:1043‒1171. Acemoglu, Daron, David H. Autor, David Dorn, Gordon H. Hanson, and Brendan Price. 2014. “Return of the Solow Paradox? IT, Productivity, and Employment in US Manufacturing.” American Economic Review 104, no. 5: 394‒399. Acemoglu, Daron, David H. Autor, David Dorn, Gordon H. Hanson
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, Thomas H. 1992. Process Innovation: Reengineering Work Through Information Technology. Cambridge, MA: Harvard Business Review Press. David, Paul A. 1989. “Computer and Dynamo: The Modern Productivity Paradox in a Not-Too-Distant Mirror.” www.gwern.net/docs/eco nomics/automation/1989-david.pdf. David, Paul A., and Gavin Wright. 2003. “General Purpose
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: Penguin. Perlstein, Rick. 2009. Before the Storm: Barry Goldwater and the Unmaking of the American Consensus. New York: Bold Type Books. Pethokoukis, James. 2016. “The Productivity Paradox: Why the US Economy Might Be a Lot Stronger Than the Government Is Saying.” AEI Blog, May 20. www.aei.org/technology-and-innovation/the
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-productivity-paradox-us-economy-might-be-a-lot-stronger. Pethokoukis, James. 2017a. “Google Economist Hal Varian Tries to Explain America’s Productivity Paradox, and How Workers Should Deal with Automation,” May 5. www.aei.org/economics/google-economist
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-hal-varian-tries-to-explain-americas-productivity-paradox-and-how-workers-should-deal-with-automation. Pethokoukis, James. 2017b. “If Not Mismeasurement, Why Is Productivity Growth So Slow?” AEI Blog, February 14. https://www.
Shocks, Crises, and False Alarms: How to Assess True Macroeconomic Risk
by Philipp Carlsson-Szlezak and Paul Swartz · 8 Jul 2024 · 259pp · 89,637 words
in products and services fully. If those were accounted for accurately, the price index would be lower, real output higher—and there would be no productivity paradox. Why? Consider first a case where measurement is easy. If computing power doubles and the price stays the same, the price of computing power has
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in 1987 lamented that “you can see the computer age everywhere but in the productivity statistics.”8 Yes, what is today referred to as the Solow paradox was on full display in 1987. But 10 years later, the productivity surge had arrived. The magnitude of the productivity growth upshift in basis points
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skepticism toward doom and gloom, 10 toward theories, 21–22 societal frictions, productivity and, 94 soft landings, 39–40, 144, 145 Solow, Robert, 57, 96 Solow paradox, 96 Sony, 73 South Africa, 231, 238 South Korea, 123 Soviet Union Cold War trade with, 224–225 experts’ predictions on, 209–210 gravity of
Architects of Intelligence
by Martin Ford · 16 Nov 2018 · 586pp · 186,548 words
the McKinsey Global Institute, Bob Solow, the Nobel laureate. We were looking at the last productivity paradox back in the late 1990s. In the late ‘80s, Bob had made the observation that became known as The Solow Paradox, that you could see computers everywhere except in the productivity numbers. That paradox was finally resolved
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, in reality, it turns out we really haven’t yet made much widespread progress yet. So, we may be going through another round of the Solow paradox. Until we get these very large sectors highly digitized and using these technologies across business processes, we won’t see enough to move the national
Profiting Without Producing: How Finance Exploits Us All
by Costas Lapavitsas · 14 Aug 2013 · 554pp · 158,687 words
of the era.14 Robert Solow observed that ‘You can see the computer age everywhere but in the productivity statistics’, and his quip became the ‘Solow Paradox’ characteristic of the new era.15 After 1995, however, significant technological improvements in the microprocessor industry and faster productivity growth in general seemed to materialize
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, ‘Primitive Money’, American Anthropologist 67:1, Feb. 1965, pp. 44–65. David, Paul A., ‘The Dynamo and the Computer: An Historical Perspective on the Modern Productivity Paradox’, American Economic Review 80:2, 1990, pp. 355–61. Day, Richard B., The Crisis and the ‘Crash’, London: NLB, 1981. De Brunhoff, Suzanne, Marx on
Automation and the Future of Work
by Aaron Benanav · 3 Nov 2020 · 175pp · 45,815 words
fifty years, industrialization has given way to deindustrialization, and not just in any one line, but across the manufacturing sectors of most countries.7 The Productivity Paradox In the scholarly literature, deindustrialization is “most commonly defined as a decline in the share of manufacturing in total employment.”8 That share fell first
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pace for decades, leading economist Robert Solow to quip, “We see the computer age everywhere, except in the productivity statistics.”11 Automation theorists discuss this “productivity paradox” as a problem for their account—explaining it in terms of weak demand for products, or the persistent availability of low-wage workers—but they
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, “US Manufacturing: Understanding Its Past and Its Potential Future,” Journal of Economic Perspectives, vol. 28, no. 1, 2014; Daron Acemoglu et al., “Return of the Solow Paradox? IT, Productivity, and Employment in US Manufacturing,” American Economic Review, vol. 104, no. 5, 2014; and Susan Houseman, “Understanding the Decline of US Manufacturing Employment
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, 28, 107n16 unemployment rates in, 46–7 US technology share with, 24 Gershuny, Jonathan, 57–9 global deindustrialization about, 15–6 manufacturing overcapacity, 22–8 productivity paradox, 16–22 waves of, 22, 26–7 global South, employment rates in, 53–4 Gordon, Robert J., 9 Gorz, André, 8 Greece, waves of strikes
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trends, manufacturing vs. nonmanufacturing, 110n35 production, conquest of, 79, 82, 86, 99 productivity about, 19 growth in United States, 123–4n40 growth rates in, 20 productivity paradox, 16–22 productivity-wages gap, 9–10 protests, 95–6 public debt-to-GDP ratios, 66–8 Raising the Floor (Stern), 4 rate of growth
Matchmakers: The New Economics of Multisided Platforms
by David S. Evans and Richard Schmalensee · 23 May 2016 · 383pp · 81,118 words
.naa.org/Trends-and-Numbers/Circulation-Volume/Newspaper-Circulation-Volume.aspx. 19. Paul David, “The Dynamo and the Computer: An Historical Perspective on the Modern Productivity Paradox,” American Economic Review 80, no. 2 (1990), 356. 20. Ibid., 356–357. 21. Kirsten Korosec, “Another Ride-Sharing Startup Becomes a Unicorn: BlaBlaCar Valued at
The Fourth Industrial Revolution
by Klaus Schwab · 11 Jan 2016 · 179pp · 43,441 words
total-factor productivity (TFP)) has remained sluggish, despite the exponential growth in technological progress and investments in innovation.17 This most recent incarnation of the productivity paradox – the perceived failure of technological innovation to result in higher levels of productivity – is one of today’s great economic enigmas that predates the onset
The Box: How the Shipping Container Made the World Smaller and the World Economy Bigger
by Marc Levinson · 1 Jan 2006 · 477pp · 135,607 words
The Shock of the Old: Technology and Global History Since 1900
by David Edgerton · 7 Dec 2006 · 353pp · 91,211 words
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The Age of Turbulence: Adventures in a New World (Hardback) - Common
by Alan Greenspan · 14 Jun 2007
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by Söderberg, Johan; Söderberg, Johan;
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