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Working Paper: A Vision of the Growth Process in a Technologically Progressive Economy

The United States, 1899-1941

ABSTRACT: We develop new aggregate and sectoral Total Factor Productivity (TFP) estimates for the United States between 1899 and 1941 through better coverage of sectors and better measured labor quality, and show TFP-growth was lower than previously thought, broadly based across sectors 273 more words

Twentieth Century

Column: Onwards and Upwards

American Productivity Growth during the Great Depression

The Great Depression is considered one of the darkest times for the US economy, but some argue that the US economy experienced strong productivity growth over the period. 220 more words

Twentieth Century

They Don't Make Men Like That Anymore

The Greatest Generation

They don’t make men like that anymore

those willing to lay down their lives

so that we don’t have to

They don’t make men like that anymore… 126 more words


A Bit of Nostalgia

I don’t really know the complex details of how the mind works or how it processes thoughts, but I have found myself constantly surprised at how it will, on the occasion, wander into random and tangential thought while browsing through the daily news or reading a book, only to find myself resurfacing mental references of past experiences and memories. 936 more words

Queen Elizabeth

Column: The Roaring Thirties [dutch]

De Lessen van de jaren dertig

De crisis die de wereldeconomie in 2008 trof stond op gelijke voet met datgene wat de Grote Depressie van de jaren dertig inleidde. 2,075 more words

Twentieth Century


Telling a story isn’t simple. You can blandly say: Paul was a poor migrant living in Oklahoma.

And that has no effect on you. Nothing. … 360 more words

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