delong238_David Madison via Getty Images_bridge building David Madison via Getty Images

Economic Bridge Building

A new book by a former chairman of the US Council of Economic Advisers under Republican President George W. Bush sounds as though it could have been written by a social democrat. There is common ground in the recognition that mass flourishing requires participation, not protectionism.

BERKELEY – In the history of modernity, the real sea change came in 1870, with what the Nobel laureate economist Simon Kuznets called “Modern Economic Growth.” Since then, humanity’s technological capabilities have roughly doubled every 35 years or so, revolutionizing the economy with each generation, and then revolutionizing it again with the next one.

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