Equation 9 · Part 1 · Who Builds 2100? The Demographic Engine of Technological Evolution
Symbol λ
What this part means
λ is a part of this expression. Its role is fixed by the surrounding article and by the operations shown in the formula.
Its job in the formula
λ is a part of this expression. Its role is fixed by the surrounding article and by the operations shown in the formula.
Full expression→Symbol λ→Article meaning
The passage around this formula
…with steadily worsening returns — which is precisely the arrangement that a population no longer growing, and in some read of the evidence above shrinking after mid-century, cannot keep doing indefinitely. If n falls and and stay where the historical data put them, the semi-endogenous growth relation says the rate of technological advance falls with it. That is not a prediction this article is making outright — Sections 4 and 5 below identify two separate mechanisms that could push back against exactly…
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Sources cited in the article section
- [3] Are Ideas Getting Harder to Find? ↗
- [4] The Past and Future of Economic Growth: A Semi-Endogenous Perspective ↗
These citations provide research context; check each source for the exact claim it supports.