There are some interesting comparisons between (what the economist Tyler Cowen refers to as) The Great Stagnation Of 1973-now, and The Really Great Stagnation of 1650-1740. Restraining the comparison to the English speaking nations, we can say: 1.) Both episodes begin with a cultural revolution that has no precedent (the arrival of militant Protestantism versus the arrival of the counter-culture of the 1960s) 2.) Bot…
> arguably, this is an area where the analogy breaks down, as nothing of the last 50 years seems to match the importance of Newton or Boyle I'd argue that the ongoing computer revolution matches that. While, true, our knowledge of proper science hasn't advanced compared to what Newton, Boyle, et al. have done, our advances in engineering have more than made up for it. Personal computers, the Internet, and smartphones…
Think about where that word comes from.