Have we technophiles utterly deluded ourselves? Worse, instead of enjoying an Age of Innovation, are we actually stuck in a technological Dark Age? One that explains our stagnating living standards and general economic “disarray”? This is the possibility economist Tyler Cowen (George Mason, Marginal Rev, Mercatus) raises in The Great Stagnation, a pithy and provocative new e-book essay. Here is my Forbes column on the topic: “Tyler Cowen’s Techno Slump.” I don’t know how much I agree with Cowen, but I think he’s given a big boost to an important conversation.
Bret Swanson / Bret Swanson is president of Entropy Economics, a research firm focused on technology and the global economy, and of Entropy Capital, a venture firm that invests in early-stage technology companies. For eight years he advised technology investors as executive editor of the Gilder Technology Report and later was a senior fellow at The Progress & Freedom Foundation. Today Swanson presents his “exaflood” research across the globe, writes a column for Forbes, and contributes to the editorial page of The Wall Street Journal on topics ranging from communications bandwidth to monetary policy. He studies innovation, globalization, China, Internet traffic, information theory, the stock market, and entrepreneurial economics. He is guided by the Laws of Say, Metcalfe, and Moore, the Theorem of Shannon, and the Curve of Laffer. His most pioneering and speculative research, however, concerns forces even more powerful and enigmatic — his four children nine and under.
The Technology Liberation Front is the tech policy blog dedicated to keeping politicians' hands off the 'net and everything else related to technology.