Innovation video description from TED: The US economy has been expanding wildly for two centuries. Are we witnessing the end of growth? Economist Robert Gordon lays out 4 reasons US growth may be slowing, detailing factors like epidemic debt and growing inequality, which could move the US into a period of stasis we can’t innovate our way out of. Be sure to watch the opposing viewpoint from Erik Brynjolfsson.
Robert J. Gordon is among the most influential macroeconomists in the world. And the big picture he sees is not altogether rosy.