• The awkward fact remains that if you leave out all durables, not just computers, the productivity miracle is still missing.

    ECONOMIST: Productivity on stilts

  • The kind of economic miracle posited today by the most optimistic new-paradigmists implicitly regards current innovations in networked computers and telecommunications as not merely on a par with the greatest breakthroughs of the past two centuries, but as greater and more far-reaching.

    ECONOMIST: A century of progress

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