“...We like to tell ourselves this myth that innovation is
at this all time high...we do have a lot of innovations of some kind, and we
need to be very careful with this word innovation; We are in some matter
incredibly innovative. What we are not doing at a rate comparable to that in
the past, is coming up with innovations that significantly improve the lives of
ordinary Americans."
–Tyler Cowen, 2011 speech on the The Great Stagnation
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