causal

Stagnation Thesis Ignores Tailwinds

Robert Gordon's stagnation argument is wrong because it focuses only on headwinds against growth while ignoring the tailwinds; the 20th century had more headwinds (two world wars, the Great Depression, totalitarianism, the Cold War) than any other yet was the most economically successful century in history.

causalpending

Speaker

Joel Mokyr

Evidence Quote

Plenty of headwinds, and yet this has been the most successful century in terms of economic history that ever happened.

Source

Joel Mokyr on Growth, Innovation, and StagnationEconTalk
Created: 6/13/2026, 12:12:21 AM

My Notes

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