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# progress posts

## Book Review: Where's My Flying Car?

This book has two parts, one looks back and asks why flying cars never came to market, and the other looks forward to what possibilities lay ahead. The author has a background in chip design and nanotechnology, and even became a pilot so he could better evaluate the feasibility of flying car designs. The autogyro, developed in the 1930s by Juan de la Cierva, was a promising candidate for a flying car.

## Book Review: Technological Revolutions and Financial Capital

This book develops a theory of a cyclical pattern in the economy. The pattern describes how certain new technologies spread to become a whole new way of structuring society. The author Carlota Perez calls this a technological revolution and it’s associated “techno-economic paradigm”. In this review I want to summarize her theory using less jargon. Even though the book reads like an academic text, and the jargon is used consistently, I want to dig into the idea in more common language.