If you graph the history of economic growth, it looks a lot like a hockey stick laid on the ground with its blade sticking up. That is, economic growth was pretty flat for millennia, and then, around ...

The award went to three researchers from the United States, the United Kingdom and France for explaining how technological progress leads to prosperity. Economists from the US, Britain and France were ...

How Progress Ends suggests that stagnation results from bureaucratic structures, sometimes appropriate for the exploitation of previous technologies but unsuited to newer ideas. Frey argues that ...