More From Less

it possible to profitably grow while taking less and less. In the Second Machine Age, that has changed.

“voice and accountability” and “control of corruption,”

“Inequality is not the same thing as unfairness;

voting and persuading others to vote, contacting elected officials, speaking in public, coming together at rallies and in peaceful protests, and using all the other tools of engaged citizens.

“Technology is the active human interface with the material world.

My story is basic economic theory, phrased in the language of the four horsemen of the optimist: capitalism, tech progress, responsive government, and public awareness. The story is that in recent years capitalism and tech progress have combined not only to increase human prosperity but also to bring us post-peak in resource consumption in America

closely to Acemoglu and Robinson’s definition of inclusive institutions. Key to both are the notions that most people have the opportunity to advance and flourish, that they have a fair shot in the marketplace, and that they get to keep what they earn and build.

call tech progress, capitalism, public awareness, and responsive government the “four horsemen of the optimist.”

impose constraints