/biz/ - Business & Finance

>>5099832
>Specifically, he has argued that the I.T. revolution is less important than any one of the five Great Inventions that powered economic growth from 1870 to 1970: electricity, urban sanitation, chemicals and pharmaceuticals, the internal combustion engine and modern communication.

>What happened between 1870 and 1940, he argues, and I would agree, is what real transformation looks like. Any claims about current progress need to be compared with that baseline to see how they measure up.

>>5099786
He said that Greenspan would need another bubble, and called out the housing market as where he would blow it.

He's probably the most correct economist in America today, and I built a unicorn startup by listening to him, but I suppose anti-Semitic neckbeards know better