The charts on this page are great: http://reductionism.net.seanic.net/brucegary3/Speculations/innovations(t).html …pic.twitter.com/iIiE4PT7BJ
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What about Hal Varian’s stance that we are just not measuring productivity and innovation properly in the digital era? http://www.aei.org/publication/googlenomics-a-long-read-qa-with-chief-economist-hal-varian/ …
I think that’s undoubtedly true but the best analyses I’ve seen (e.g. http://www.nber.org/papers/w21974 ) suggest that it’s just not enough.
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