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Published · transcript-backedPaul Romer: commitment
5 Dec 2018 Conversations with Tyler Paul Romer on the Unrivaled Joy of Scholarship
“Maybe it did, relative to what growth would’ve been in the absence of the internet. It’s also possible that it will have an effect on output that we won’t see for 10, 20 years.”
Source trail
Everything needed to verify it.
- Speaker
- Paul Romer
- Attribution
- Verified speaker
- Claim type
- commitment
- Recorded
- 5 Dec 2018
- Publisher
- Conversations with Tyler
Transcript context
…Shouldn’t the internet have boosted economic growth more? [laughs] Well, you would’ve expected it to. Maybe it did, relative to what growth would’ve been in the absence of the internet. It’s also possible that it will have an effect on output that we won’t see for 10, 20 years. This is the kind of story that Paul David tells about electricity. It also may be that it’s giving us benefits that we’re not measuring very well. But of course, other technologies in the past could’ve given us benefits that we’re not measuring very well. Like penicillin.…
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