Today, progress is defined almost entirely by consumer-driven, often banal improvements in information technology. The US economist Tyler Cowen, in his essay The Great Stagnation (2011), argues that, in the US at least, a technological plateau has been reached. Sure, our phones are great, but that’s not the same as being able to fly across the Atlantic in eight hours or eliminating smallpox. As the US technologist Peter Thiel once put it: ‘We wanted flying cars, we got 140 characters.’

  • VILenin [he/him]
    ·
    1 year ago

    German economic miracle

    Hey, I too can have an “””economic miracle””” if some fascist sugar-daddy gave me infinite money in exchange for becoming his loyal dog