What will it take to overcome economic stagnation ?
Robert J Gordon (Northwestern University and the Center for Economic Policy Research) wrote 'Is US economic growth over? Faltering innovation confronts the six headwinds' He makes the case that it will be a lot tougher to have economic growth in the future.The US for output per capita, and the UK before it, gradually began to grow more rapidly after 1750, reached its fastest growth rate in the middle of the 20th century, and has slowed down since. It is in the process of slowing down further.http://nextbigfuture.com/2013/01/what-will-it-take-to-overcome-economic.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+blogspot%2Fadvancednano+%28nextbigfuture%29
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