Economist:Robert Gordon

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Robert Gordon

Biography

American economist at Northwestern University, known for work on productivity and economic growth.

School of Thought

Economic History

Notable Quotes

On Innovation Cycles and Market Bubbles

"The economic revolution of 1870 to 1970 was unique in human history, and unrepeatable."[1]

On Productivity Paradox in Digital Age

"The iPhone added to consumer surplus, but it didn't revolutionize productivity the way electricity did."[2]

On Economic Measurement in Digital Economy

"Techno-optimists confuse innovation with economically significant innovation."[3]


References

  1. ↑ Robert Gordon, The Rise and Fall of American Growth (2016), p. 1, Princeton University Press
  2. ↑ Robert Gordon, The Rise and Fall of American Growth (2016), p. 578, Princeton University Press
  3. ↑ Robert Gordon, Is U.S. Economic Growth Over? (2012), p. 13

Additional Notable Quotes

On Innovation Cycles and Market Bubbles

"The smartphone has been our last great invention."[1]

On Productivity Paradox in Digital Age

"We wanted flying cars, instead we got 140 characters - and that's actually worse than it sounds."[2]

On Economic Measurement in Digital Economy

"Four headwinds are slowing growth: demographics, education, inequality, and debt."[3]

  1. ↑ Robert Gordon, Wall Street Journal (2016), January 25, 2016, "Why Innovation Won't Save Us"
  2. ↑ Robert Gordon, TED Talk (2013), February 26, 2013
  3. ↑ Robert Gordon, The Rise and Fall of American Growth (2016), p. 605, Princeton University Press
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