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AI Summary
- J. Bradford DeLong discusses the 'long twentieth century' (1870-2010) where three institutional innovations emerged: industrial research labs, modern corporations, and globalized markets
- Examines how technological breakthroughs (Tesla/Westinghouse) and policy experiments (Reagan's trickle-down theory) shaped economic inequality and wealth distribution
- Analyzes structural shifts including public college funding transition from taxpayers to students in the 1970s and secular stagnation in the post-2010 economy
Guests on This Episode
JD
J. Bradford DeLong
1 podcast appearance