From the Bretton Woods system to global stagnation [pdf]

Re:From the Bretton Woods system to global stagnation [pdf] by wqaatwt on Saturday December 07, 2024 @08:04PM (#42354163)

Also there hasn't been much innovation in aviation since the first passenger jet came out back in 1952. Cars were also pretty much perfected by the late ~40s or so, only insignificant refinements since then.

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Re:From the Bretton Woods system to global stagnation [pdf] by hugh-avherald on Saturday December 07, 2024 @08:15PM (#42354206)

Electricity is basically how it was in the 19th century.

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Re:From the Bretton Woods system to global stagnation [pdf] by Isamu on Saturday December 07, 2024 @08:21PM (#42354234)

Shocking!

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Re:From the Bretton Woods system to global stagnation [pdf] by bee_rider on Saturday December 07, 2024 @09:12PM (#42354485)

What are they going to do, invent better electrons? I guess they could get the charge right this time.

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Re:From the Bretton Woods system to global stagnation [pdf] by nradov on Saturday December 07, 2024 @10:29PM (#42354828)

Positrons are predicted to be crucial to the development of AI.

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Re:From the Bretton Woods system to global stagnation [pdf] by bee_rider on Sunday December 08, 2024 @12:13AM (#42355158)

Somebody downvoted your comment, they should be embarrassed for (I guess?) missing the reference.

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Re:From the Bretton Woods system to global stagnation [pdf] by ta_1138 on Saturday December 07, 2024 @09:17PM (#42354518)

Not if you look at safety, max performance, reliability or efficiency. Drive a 1940s car and compare. Hell, try a sports car from the early 80s.

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Re:From the Bretton Woods system to global stagnation [pdf] by throw0101c on Saturday December 07, 2024 @09:48PM (#42354659)

> Not if you look at safety, max performance, reliability or efficiency. Drive a 1940s car and compare. Hell, try a sports car from the early 80s.

By the late 1920s >80% of US households had at least one automobile, and even if they had stopped improving, the productivity change of going from (steam/oil-powered) train and animal power (the primary options pre-1910) had made a transportation step change in the US by the 1930s:

* https://www.goodreads.com/book/show/2924825-fighting-traffic

By the 1960s >60% of households had two cars.

So yes, there have been incremental improvements, but the transformation change in society was done decades ago.

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Re:From the Bretton Woods system to global stagnation [pdf] by wqaatwt on Wednesday December 11, 2024 @03:09AM (#42385826)

Yes, certainly. That was supposed to be a sarcastic reply to the comment above.

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