Innovation and the economic long wave

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Abstract
The discussion in this paper addresses issues that should become part of the current politically popular debate about reindustrializing America. Why is there a perceived need to reindustrialize? Why are innovation and productivity‐faltering? I believe it is because old technologies are now being pushed beyond their level of maximum contribution, and because the radically new technologies of the future have not yet found their proper places in the fabric of society.

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