From the daily archives:

Wednesday, June 22, 2011

The Future of Economic Growth

June 22, 2011

Around 1750 the world economy began its amazing transformation with the advent of the Industrial Revolution. What happened then and why did it happen? The short answer is “innovation”, according to Professor Michael Spence, a Nobel Prize laureate in Economics. But where does innovation come from? In the speech below, Spence traces the emergence of […]

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