Innovation is widely heralded as a driving force in the U.S. economy. But despite the many ways innovation can help the U.S. out of our current economic slump, instead innovation in the U.S. appears to be going in the wrong direction, the Brookings Institutions’ Hamilton Project reports.
While innovation has many positive effects, including raising the standard of living, advancing technology and enabling more leisure time, The Hamilton Project found that since 1973, the pace of innovation in the U.S. has slowed. There are many reasons for this slowdown, but here are the three that stood out to me.
No comments:
Post a Comment