Are We in a Long-Term Innovation Crisis?

CAMBRIDGE – As one year of sluggish growth spills into the next, there is growing debate about what to expect over the coming decades. Was the global financial crisis a harsh but transitory setback to advanced-country growth, or did it expose a deeper long-term malaise?

Read more at http://www.project-syndicate.org/commentary/technological-stagnation-and-advanced-countries--slow-growth-by-kenneth-rogoff#fKvczYQUJyo8YRZM.99
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