Link.Well, in my pre-Iowa notes I called the Republican primary right:I know what will happen on the Republican side: someone horrifying will come in first, and someone horrifying will come in second.Let me add that someone horrifying also came in third. Marco Rubio may seem less radical than Cruz or Trump, but his substantive policy positions are for incredibly hawkish foreign policy, wildly regressive tax policy, kicking tens of millions of people off health insurance, and destroying the environment. Other than that, he’s a moderate.
Robert J. Gordon, a distinguished macroeconomist and economic historian at Northwestern, has been arguing for a long time against the techno-optimism that saturates our culture, with its constant assertion that we’re in the midst of revolutionary change. Starting at the height of the dot-com frenzy, he has repeatedly called for perspective. Developments in information and communication technology, he has
insisted, just don’t measure up to past achievements. Specifically, he has argued that the I.T. revolution is less important than any one of the five Great Inventions that powered economic growth from 1870 to 1970: electricity, urban sanitation, chemicals and pharmaceuticals, the internal combustion engine and modern communication.

