In 2011 Cowen published a digital pamphlet in which he argued that since the 1973 oil-price shock, America had experienced a hidden crisis of lost growth that would be resolved only by the development of new technology. He called this period the “Great Stagnation”, and he proposed a cultural solution rather than an economic one: raise the social... See more

ne side effect of the vibe shift is that the media establishment has started to accept that there is, in fact, such a thing as a Silicon Valley intellectual—not the glib, blustery dudes who post every thought that enters their brains but people who prefer to post at length and on the margins.