Economic growth and technological progress: There is no alternative

I hesitate to write about the “degrowth” or “steady state economy” movement since it is likely to cause a terminal case of eye-roll in many readers. But it seems to be a burgeoning idea in ....

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5 questions with Jonathan Gruber, Tony Mills, Margaret O’Mara, and Bret Swanson on improving public R&D policy

US federal research and development spending as a share of GDP has fallen by nearly two thirds since the mid-1960s — a trend accompanied by decades of low productivity growth. In a recent extended episode ....

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The next president needs to turn America into an Innovation Nation

Would Biden-onomics be good or bad for productivity growth? The issue is an important one. Productivity growth is the most important factor driving overall economic growth and rising living standards. Before he left office in ....

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5 questions with Jason Crawford on studying and promoting human progress

Are America’s mechanisms for funding scientific research as effective as they could be? Do those who fear the negative consequences of technological progress have a point? And have Americans grown too complacent, at the expense ....

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The pandemic again shows the value of how America’s market economy can generate technological progress and growth

The Great Pandemic isn’t over. Data scientist Youyang Gu’s machine-learning model, one of the more highly regarded coronavirus forecasts, is projecting another 20,000 or so US fatalities in September and another roughly 15,000 in October. ....

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Taxing times for Big Tech: An international perspective

The FAANG companies — Facebook, Amazon, Apple, Netflix, and Google — have long faced scrutiny on taxes internationally. These extremely successful and profitable American firms are perceived to pay a disproportionately low share of taxes ....

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