Coming next week from Tyler Cowen: The Great Stagnation: How America Ate All The Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better. “In a figurative sense, the American economy has enjoyed lots of low-hanging fruit since at least the seventeenth century: free land; immigrant labor; and powerful new technologies. Yet during the last forty years, that low-hanging fruit started disappearing and we started pretending it was still there. We have failed to recognize that we are at a technological plateau and the trees are barer than we would like to think. That’s it. That is what has gone wrong.The problem won’t be solved overnight, but there are reasons to be optimistic. We simply have to recognize the underlying causes of our past prosperity—low hanging fruit—and how we will come upon more of it.”
Low-Hanging Fruit
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WHO IS GLENN REYNOLDS? I’m a law professor at the University of Tennessee. I write various law review articles, opeds, and other stuff. I’m a Contributing Editor at Popular Mechanics. I’m a columnist at The Washington Examiner. My most recent book is An Army of Davids : How Markets and Technology Empower Ordinary People to Beat Big Media, Big Government, and Other Goliaths. My next most recent book is The Appearance of Impropriety: How the Ethics Wars Have Undermined American Government, Business and Society, (The Free Press, 1997) coauthored with Peter W. Morgan. For something completely different, see Environmental Regulation of Nanotechnology: Some Preliminary Observations, from the April, 2001 Environmental Law Reporter. Some of my other law review writings can be found in PDF form here. I’ve also written for The Atlantic Monthly, URB, The Wall Street Journal, Forbes, The New York Times, and numerous other publications. I’m interested in everything, but my chief interest is in the intersection between advanced technologies and individual liberty. The vast majority of my writing touches on this in one way or another.
WHO IS GLENN REYNOLDS? I’m a law professor at the University of Tennessee. I write various law review articles, opeds, and other stuff. I’m a Contributing Editor at Popular Mechanics. I’m a columnist at The Washington Examiner. My most recent book is An Army of Davids : How Markets and Technology Empower Ordinary People to Beat Big Media, Big Government, and Other Goliaths. My next most recent book is The Appearance of Impropriety: How the Ethics Wars Have Undermined American Government, Business and Society, (The Free Press, 1997) coauthored with Peter W. Morgan. For something completely different, see Environmental Regulation of Nanotechnology: Some Preliminary Observations, from the April, 2001 Environmental Law Reporter. Some of my other law review writings can be found in PDF form here. I’ve also written for The Atlantic Monthly, URB, The Wall Street Journal, Forbes, The New York Times, and numerous other publications. I’m interested in everything, but my chief interest is in the intersection between advanced technologies and individual liberty. The vast majority of my writing touches on this in one way or another.
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