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Each mode grew world product by a factor of a few hundred, and grew
a hundred times faster than its predecessor. This weakly suggests that within the next century
a new mode might appear with a doubling time measured in days, not years.
JEL Categories: O00, N10
Keywords: Long World Growth Industrial Revolution
?For their comments, I thank Curt Adams, Bryan Caplan, Joel Cohen, Roger Congleton, Tyler Cowen, Mark Crain,
Eirikur Hallgrimsson, Carl Feynman, Hal Finney, Brad De Long, Perrin Meyer, Carlos Ramirez, John Schroeter,
Didier Sornette, Hal Varian, and participants of the GMU economics Brown Bag talk series and the SEA 2000
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