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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 Won’t Overcome Stagnation

by | May 31, 2017 | Opinion

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...