In recent years, an idea has spread throughout the world that economies are poised on the cusp of a major technological revolution, unlike anything in the past, that will lead to unprecedented job destruction, high rates of unemployment and massive increases in inequality. This chapter examines...

The race for global innovation advantage -- Explaining U.S. economic decline -- Learning from the wrong masters: lessons from UK industrial decline -- Why do so many refuse to see U.S. structural economic decline? -- What are innovation and innovation policy and why are they important? --...

Cover -- Contents -- 1 The Race for Global Innovation Advantage -- 2 Explaining U.S. Economic Decline -- 3 Learning from the Wrong Master: Lessons from U.K. Industrial Decline -- 4 Why Do So Many Refuse to See U.S. Structural Economic Decline? -- 5 What Are Innovation and Innovation Policy and...

There have been surprisingly few attempts to catalogue what is known about the economic impact of information and communications technology (IT). In a new report, ITIF does just that, examining the impact of IT in five key areas: 1) productivity; 2) employment; 3) more efficient markets; 4)...

" ... delivers a critical wake-up call: a fierce global race for innovation advantage is under way, and while other nations are making support for technology and innovation a central tenet of their economic strategies and policies, America lacks a robust innovation policy. What does this...

Intro -- Contents -- About the Contributors -- The Progressive Power of Creative Destruction -- I: Jobs, Living Standards and Well-Being -- Translating Innovation Into Increases in Living Standards -- Good Jobs in an Era of Technological Disruption -- The Promise of Data Innovation -- The...

- Introduction. The roots and risks of today’s techno-mythologies -- 1. Technology is changing the world as never before -- 2. Technology is destroying individual privacy -- 3. Social media is polarizing America -- 4. Technology is driving today’s societal distrust -- 5. AI’s arrival is an...

Most commentary on Europe's economy focuses on its precarious financial system and anemic employment recovery since the Great Recession. But Europe faces a challenge of equal or even greater magnitude that has received far less attention: lagging productivity. After a long period during which...