A few thoughts on this fascinating paper. The tl;dr of the paper is that national TFP (a common measure of "technology") behaves as if it grows at a constant linear rate, not exponentially, as is usually assumed. If TFP in 1947 = 1, increment it up b

Noah Smith @NoahSmith · Apr 22, 2022

Another good thread on the "linear TFP growth" paper:

Tweet Apr 21, 2022

by Matt Clancy

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