I was gobsmacked when I read this in Robert Gordon’s The Rise and Fall of American Growth: The U.S. Standard of Living Since the Civil War: “Electric light, the first reliable internal combustion engine, and wireless transmission … were all invented within the same three-month period at the end of 1879.” It’s a book full of surprises emanating from an analysis of major inflection points identified by dates like 1870, 1920 and 1940. Gordon’s point is that major innovations spark major trends in how we make a living.
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CRM and GDP
Posted by: Denis Pombriant February 17, 2016 11:03 AMI was gobsmacked when I read this in Robert Gordon’s The Rise and Fall of American Growth: The U.S. Standard of Living Since the Civil War: “Electric light, the first reliable internal combustion engine, and wireless transmission … were all invented within the same three-month period at the end of 1879.” It’s a book full of surprises emanating from an analysis of major inflection points identified by dates like 1870, 1920 and 1940. Gordon’s point is that major innovations spark major trends in how we make a living.