Quantifying the Rate of Change

We live in an era that involves an extraordinary amount of change. To see this, consider the rate of global economic growth, which in recent decades averaged around 3 percent per year.51 This is historically unprecedented. For the first 290,000 years of humanity’s existence, global growth was close to 0 percent per year; in the agricultural era that increased to around 0.1 percent, and it accelerated from there after the Industrial Revolution. It’s only in the last hundred years that the ...