What underpinned the great postwar boom was the industrialisation of inventions made between 1910 and 1940. The goods that poured out of the west’s factories between 1950 and 1975 provided employment and rising real wages for the mass of the U.S.’s and Europe’s citizens. But the “low-hanging fruit” that delivered such benefits is disappearing. Productivity advances are not being made in booming new industries; they are being made by laying people off or moving production to low-cost countries in Asia. One way or another, falling workforces in the west are producing broadly the same output. Nor is the internet a great job generator.
Sigmund Freud developed the decidedly unscientific principles of psychoanalysis in a time when most psychologists were trying to join the ranks of chemists and medical doctors.
The Big Bang is commonly misunderstood, warping our understanding about the Universe’s size and shape.
Expressing gratitude encourages others to continue being generous, promoting a cycle of goodness.
We have two descriptions of the Universe that work perfectly well: General Relativity and quantum physics. Too bad they don’t work together.