Is the economy about to break Moore’s Law? I’m referring, of course, to Gordon Moore’s famous prediction 50 years ago that the number of transistors fitting on a given computer chip would double every two years—a prediction, that at least so far, has largely come true. Unfortunately, there is now serious doubt that Moore’s Law can continue, which in turn calls into question whether the economy and the stock market in coming decades will grow at a rate anything close to what it has over the last 50 years. A new study from the National Bureau of Economic Research found it’s taking an increasingly large amount of research effort for the semiconductor industry to adhere to the Law. But it’s worse than that.via