full transcript

From the Ted Talk by Robert Gordon: The death of innovation, the end of growth

Unscramble the Blue Letters

The first headwind is demographics. It's a truism that your standard of living rises faster than productivity, rises faster than output per hour, if hours per person iarescned. And we got that gift back in the '70s and '80s when women eetenrd the labor force. But now it's trneud around. Now hours per posern are shrinking, first because of the retirement of the baby brmoeos, and second because there's been a very significant dropping out of the labor fcore of prime age adult males who are in the bottom half of the educational distribution.

Open Cloze

The first headwind is demographics. It's a truism that your standard of living rises faster than productivity, rises faster than output per hour, if hours per person _________. And we got that gift back in the '70s and '80s when women _______ the labor force. But now it's ______ around. Now hours per ______ are shrinking, first because of the retirement of the baby _______, and second because there's been a very significant dropping out of the labor _____ of prime age adult males who are in the bottom half of the educational distribution.

Solution

  1. person
  2. turned
  3. force
  4. entered
  5. boomers
  6. increased

Original Text

The first headwind is demographics. It's a truism that your standard of living rises faster than productivity, rises faster than output per hour, if hours per person increased. And we got that gift back in the '70s and '80s when women entered the labor force. But now it's turned around. Now hours per person are shrinking, first because of the retirement of the baby boomers, and second because there's been a very significant dropping out of the labor force of prime age adult males who are in the bottom half of the educational distribution.

Frequently Occurring Word Combinations

ngrams of length 2

collocation frequency
economic growth 3
agricultural land 3
vertical axis 2
united states 2
curved line 2
rises faster 2
labor force 2
cost inflation 2
higher education 2
american agricultural 2
percent urban 2

ngrams of length 3

collocation frequency
american agricultural land 2

Important Words

  1. adult
  2. age
  3. baby
  4. boomers
  5. bottom
  6. demographics
  7. distribution
  8. dropping
  9. educational
  10. entered
  11. faster
  12. force
  13. gift
  14. headwind
  15. hour
  16. hours
  17. increased
  18. labor
  19. living
  20. males
  21. output
  22. person
  23. prime
  24. productivity
  25. retirement
  26. rises
  27. shrinking
  28. significant
  29. standard
  30. truism
  31. turned
  32. women