I may worry more about post-scarcity status competition and digital ennui than Eli does. Alas the only way to get to the bottom of this is to max out TFP growth.
Eli Dourado
Eli Dourado9.8. klo 00.54
These are shocking charts and it's a good article, but I would question whether we can say this is caused by the Internet versus, I don't know, 0.5% TFP growth over the last 20 years. The Great Stagnation was going from 2% to 1% TFP growth. Since 2005 we have halved that.
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