From: Dani Eder (email@example.com)
Date: Tue May 02 2006 - 18:20:41 MDT
IMO, the rate
> of technological change in the West has been roughly
> constant since the
> Industrial Revolution.
Your opinion is not in accord with the data. Real GDP
in the US doubled twice between 1780 and 1890, for
an average of 55 years/doubling. It doubled 3 times
between 1890 and 1992, an average of 34
Manufacturing productivity increased 22 percent in the
1950's, 31% in the 60s, 30% in the 70s, 29% in the
44% in the 90's, and 57% in the 00s at the pace for
the first half of the decade.
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