GDP

Capturing the Value of Technology—in Economic Terms

When you look at economic statistics like G.D.P. and productivity, what gets overlooked? According to a New York Times column by Eduardo Porter, these key measures fail to capture the value people get from digital...

Who Says the Internet Isn’t Making Life Better?

A standard trope these days is that we in the middle class have been slogging through a couple of decades of woe. Wages are stagnant. Our standard of living isn’t improving. The grand forces of...

Erik Brynjolfsson Argues that Tech is Major Driver of Economic Growth

In this session from Techonomy 2011, in Tuscon, Ariz., Erik Brynjolfsson, Director of the Center for Digital Business at MIT, argues that technology is a major driver of economic growth and productivity. Any lag in...

Tyler Cowen Doesn’t Believe Tech Is Central Economic Driving Force

In this debate from Techonomy 2011, in Tuscon, Ariz., Tyler Cowen, a professor of economics at George Mason University, argues that technology is not the main driving force behind the economy. In fact, says Cowen,...

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