Exploring the Stagnation Hypothesis

The stagnation hypothesis, the idea that we have seen steady decline across science and technology over the last 50 years or so is increasingly gaining ground and becoming mainstream: Thiel, along with economists such as Tyler Cowen (The Great Stagnation) and Robert Gordon (The Rise and Fall of American Growth), promotes a “stagnation hypothesis”: that… Continue reading Exploring the Stagnation Hypothesis