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Are we richer than we think?

Where have you read this before: The physical economy is anemic, struggling, biased toward inflation, and shrinking in many developed countries. Almost everything we do in the physical economy is paid for with money. We use dollars to measure most

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Posted in Economics

So where is all the growth?

Technology in our time is moving at a pace so fast it seems that only children have the time to stay current. This dizzying pace of progress is bringing wonder after wonder, so why is economic growth so sluggish? Economic

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Posted in Economics, The Second Machine Age
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