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America takes for granted that new technologies drive economic growth. Madrick argues that technological innovation has never been the cause of economic growth: it is a necessary condition but hardly a sufficient one. Madrick's surprising thesis is that the process of growth is more complex than most pundits, business journalists, and even economists believe--but it can be understood.

Produktbeschreibung
America takes for granted that new technologies drive economic growth. Madrick argues that technological innovation has never been the cause of economic growth: it is a necessary condition but hardly a sufficient one. Madrick's surprising thesis is that the process of growth is more complex than most pundits, business journalists, and even economists believe--but it can be understood.
Autorenporträt
Formerly the financial editor of BusinessWeek, Jeffrey Madrick is a monthly columnist for the New York Times "Economic Scene" and a frequent essayist for the New York Review of Books. A contributor of opinion pieces to the New York Times, the Washington Post and the Los Angeles Times, he has also appeared as a guest on CNN, CNBC, NPR, and PBS's Charlie Rose Show.