Everyone knows Detroit is in trouble. The list of problems assaulting the once-mighty Motor City is long and, from a look at national newspapers, incessantly documented. Most recently, the city filed for bankruptcy; its former mayor, Kwame Kilpatrick, was sentenced to 28 years in prison for public corruption. Since the booming 1950s, the city of Detroit […]
Stories for "economic growth"
Last week, TED speakers Robert Gordon and Erik Brynjolfsson joined us for a live, one-hour debate on the future of the US economy. It was a furious hour of typing, with both speakers contributing just over 1,500 words in response to a wide variety of user questions. A few highlights: Ryan Zeigler asks: Mr. Brynjolfsson, […]
Economists Robert Gordon and Erik Brynjolffson see very different things when they look at the stagnation of the U.S. economy in recent years. It’s almost as if they’re looking at an optical illusion image – one seeing a candlestick while the other sees two faces just inches apart. In today’s talks, they both outlined their […]