Sustained 1% economic growth rates did not appear until England in the 1620s after millennia of near-zero growth; the Dutch achieved better-than-zero growth through trade in the 16th century, suggesting economic regimes can shift fundamentally but this has happened at most once or twice in recorded history.
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Unidentified Speaker — Tyler Cowen on how AI will reorder economies, schools, and … [3Bc_eXNCvlg]Evidence Quote
“we had really meager economic growth really across the world until England in the 1620s...The one exception perhaps were the Dutch when they figured out trade”
Created: 8/11/2026, 7:33:25 AM
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