“But there’s something important that might be starting to happen inside the American economy that could confound all those forecasts. And it has to do with innovation. Now, “innovation” is far more than just a business consultant buzzword. Better technology and techniques conjure the deep magic of any successful modern economy. Just adding machines and workers only gets you so far. And if the U.S. is to grow anywhere near as fast in the future as in the past, greater innovation-driven productivity will be indispensable.” Read more of this article here.
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