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London’s ecosystem will be hard to replicate. Photographer: Leon Neal/Getty Images
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A taxi passes by an advertisement for the Uber car and ride-sharing service displayed on a bus stop in Paris, France, in this March 11, 2016 file photo. REUTERS/Charles Platiau/Files
Innovation Won’t Overcome Stagnation
Innovation, everybody hopes, will rescue the world from economic stagnation. I’m not so sure. The extent to which an innovation is significant depends on the degree to which it alters existing activity or the performance of a function. It must create related and...Caption:
A money dealer counts US dollar notes at a money market in Karachi. AFP