Transcript
Introduction
Patrick
This is a conversation about the most exciting technology trends in the world. My guest today is Eli Dourado, an economist and senior research fellow at the Center for Growth and Opportunity at Utah State University. We discuss the strange economic stagnation of the past few decades and the innovative technologies that could reverse this trend. Eli's wealth of knowledge on biotech innovation, alternative energy, and the space opportunity are sure to leave you craving more. I hope you enjoy this great conversation with Eli Dourado.
Eli's Background
So, Eli, I think the right framing for our discussion, given the wide variety of your background and your work, is what we'll call the great stagnation. I'd love you to describe this problem, maybe introduce concepts like GDP or total factor productivity, ways of measuring what we'll call a stagnation. And then most of our conversation will be, how do we get out of it, assuming that we are indeed in it? But I think that's a great opening frame. Why are you interested in this problem? And what does it mean?