Zuckerberg

The Age of Uncreative Destruction

December 6, 2010

Economic growth is a process of death and rebirth.  On the micro level, jobs are plowed over by labor-saving inventions that promote greater product per worker.  New products and services will emerge, and the production of these will require human capital to operate.  Firms and even whole industries made obsolete by the march of time […] More

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