Stagnation or innovation?

A nice summary of Tyler Cowen’s controversial new e-book, The Great Stagnation, is available at NYT The Experience Economy. Cowen proposes that the world has already fundamentally changed in developed nations…even that a post-industrial, post-materialist age began in the mid-1970s. Many see signs of stagnation in the developed world today, but does this view miss an entirely new future – one that is already robust and here, just not widely distributed yet?

Ginger-curry catfish

Delicious pan-Asian sauté of catfish, red onion, parsnip, bell pepper, and pea pods with chopped redleaf, cucumber, and grape tomatoes…garnished with slivered almonds, parsley, marjoram, coriander, lemon, paprika, and black pepper…