Economy, Rebooted
Gee wiz, ever wonder why the 1950s were so swell for the economy? Technological advancements in things like telecommunications, transportation, and consumer electronics helped ignite the most expansive period of growth and productivity we’ve ever seen. For some time, economists have been watching AI and other tech-industry wonders of the present, and wondering: Could a new boom be on the horizon? What policies could help usher in a new era of economic prosperity? CMU’s Lee Branstetter and MIT’s David Autor have some ideas.