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by Kevin Rooke
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The Trolls of Wall Street: https://geni.us/mC1aK Bookmarked: https://www.bookmarked.club/
A Bold Return to Giving a Damn: https://www.bookmarked.club/books/a-bold-return-to-giving-a-damn Bookmarked: https://www.bookmarked.club/
A Bright Future: https://www.bookmarked.club/books/a-bright-future Stakwork: https://stakwork.com/
→ Where Is My Flying Car?: https://www.bookmarked.club/books/where-is-my-flying-car Sponsor→ Stakwork: https://stakwork.com
→ Americana: https://www.bookmarked.club/books/americana → Sponsored by Stakwork: https://stacksats.how/stakwork
→ Zoning Rules: https://www.bookmarked.club/books/zoning-rules Sponsor→ Stakwork: https://stacksats.how/stakwork
→ The Rise and Fall of American Growth: https://www.bookmarked.club/books/the-rise-and-fall-of-american-growth Sponsor → Stakwork: https://stacksats.how/stakwork Summary The conversation explores the book 'The Rise and Fall of American Growth', which chronicles growth in America over the past 150 years. It begins with an introduction to the topic and the background of the author Robert J. Gordon. The concept of growth and productivity is defined, highlighting the role of GDP and the impact of inventions. The three industrial revolutions are discussed, along with their key innovations. The conversation then delves into the factors affecting growth, including education, inequality, and fiscal debt. The chapters conclude with an exploration of the rise of American growth from 1870 to 1970 and the fall of American growth from 1970 to the present. The conversation covers various topics related to economic growth, inequality, and the future. The guest, Robert J. Gordon, advocates for immigration reform and improved education as solutions to economic challenges. The discussion also touches on the impact of going off the gold standard and the role of money in exacerbating issues. The guest expresses skepticism about the idea that the US going off the gold standard in 1971 has played a significant role in rising inequality. The conversation concludes with a discussion on the potential for a 'special century' and the importance of economic growth. Takeaways - Growth and productivity are measured by GDP and reflect the increase in output per person or per hour of work. - The three industrial revolutions, marked by key innovations, have driven economic growth: steam engine and cotton spinning, electric power and internal combustion engine, and computers and digital technology. - The percolation of innovations takes time, and the impact of new inventions may not be immediately evident in productivity statistics. - Factors such as education, inequality, and fiscal debt can act as headwinds to growth. - The rise of American growth from 1870 to 1970 was driven by the implementation of inventions and increased productivity. - The fall of American growth from 1970 to the present is characterized by slower productivity growth, increased inequality, and fiscal debt.
→ Scale: https://www.bookmarked.club/books/scale Sponsor → Stakwork: https://stacksats.how/stakwork Summary In this conversation, Kevin interviews Geoffrey West, a physicist and author of the book 'Scale'. They discuss the concept of scaling laws and how they apply to various disciplines such as biology, networks, and cities. They explore the interconnectedness of these scaling laws and the significance of quarter power scaling. They also delve into the similarities and differences between biological systems and cities, the constraints on city growth, and the potential limitations of resource availability. The conversation touches on the role of innovation, collaboration, and technology in scaling, as well as the challenges and possibilities for stabilization in the future. Takeaways Scaling laws apply to various disciplines and are interconnected. Quarter power scaling is significant in understanding scaling phenomena. Biological systems and cities share similarities in optimization and resource allocation. Cities have unique constraints on growth compared to biological systems. Innovation, collaboration, and technology play key roles in scaling. The future of scaling requires adaptation, resilience, and potential stabilization. This show is a Lightning podcast. That means instead of asking for likes or shares, I ask for sats. The best way to show your support is to download Fountain from the App Store, load your wallet with some sats, and send them over the Lightning Network to kerooke@fountain.fm. → Fountain: https://www.fountain.fm/ → More Episodes: https://www.stacksats.how/podcast → Lightning Address: ⚡kerooke@fountain.fm → Nostr NIP-05: kr@stacker.news Links → Bookmarked: https://www.bookmarked.club/ → Stack Sats: https://www.stacksats.how/ → Twitter: https://twitter.com/kerooke
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