Economic growth shouldn’t need a defense. But here you go, again.

By James Pethokoukis One might think that long-lasting and sustainable economic growth, driven by technological improvement and innovation, would be an obviously awesome thing. It helps humanity live longer and better. The impact of rapid ....

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Don’t assume the coming Biden Boom means a shift to rapid and sustainable growth

Generating economic growth is difficult. For most of human history, there wasn’t much of it. Now we often take it for granted. Policymakers often think too little about growth impacts when they consider raising taxes ....

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What the lack of ‘urban air mobility’ says about America’s long downshift in productivity growth

How close are we to a world of “flying cars” dotting the skies, whether owned personally or as corporate air taxis? Certainly the embryonic sector keeps generating news, though not all of it encouraging. Bloomberg ....

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1999 might have been America’s last good year — and not because of The Phantom Menace

Consider: What was America’s last good year? It’s a common Twitter question that pops up from time to time. And one common answer is the year 1999. Why not? Unemployment was low, the stock market ....

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With the worst economy since the 1930s, how about the biggest productivity boom since the 1930s?

On CNBC’s Squawk Box program yesterday, White House economist Joe Lavorgna assured viewers that a v-shaped recovery was still on track, then added this interesting tidbit: “And the sad thing is before this pandemic contraction ....

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5 questions for John Van Reenen on innovation and federal R&D spending

Can the US boost its productivity and tackle our greatest challenges, like climate change, through innovation? What role should federal R&D spending play in furthering our scientific and technological advancement? And can we engage in ....

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