LinkedIn And The Golden Age Of American Education


A new book declaring the end of the golden age of economic growth has set the wonky world of economics aflame. Robert Gordon’s The Rise and Fall of American Growth juxtaposes the world-altering impact of 19th century inventions with a disbelief that today’s digital transformation might foster growth on the same scale as refrigeration, aviation or the birth of telecommunication.

A digital skeptic, Gordon argues that byte-based developments aren’t likely to dramatically improve our standard of living. But as Gordon also points out, innovations often manifest themselves in unanticipated ways. The impact of refrigeration on the meat-packing industry and nutrition was clear; its role in boosting iron productivity by reducing moisture in blast furnaces, less obvious.

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