Another Great Leap Forward Podcast

Please listen to our weekly podcast summarizing our June 22 note and consider becoming a paid subscriber, if you are not already, to read the full noteIP, Innovation, Policy, Productivity and MarginsRobert Gordon in the “Rise and Fall of American Growth” concluded the best innovation is behind us.  Erik Brynjolfsson’s in “The Second Machine Age”, reached the opposite conclusion.  Robert Solow commented decades ago that technology could be seen everywhere except in the productivity statistics.  Finally, Alexander Field in “A Great Leap Forward” described how the Great Depression obfuscated the beginning of a golden age for productivity.  While second revisions to GDP rarely generate much interest, the sharp upward revision to intellectual property product investment was the catalyst for this note. Barry C. KnappManaging PartnerIronsides Macroeconomics LLC908-821-7584https://www.linkedin.com/in/barry-c-knapp/@barryknapp This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit ironsidesmacro.substack.com/subscribe