Why innovation tends to bypass economics


THIS article was adapted from a speech given at the InvestmentNews “Innovation Summit” in New York, where the author received an “Icons and Innovators” award.

Mainstream economics hasn’t done well in recent years, failing to predict major shifts that have caused significant damage to society. This breakdown sheds light on a more general question: Why have certain fields and activities been unable to benefit sufficiently from innovation?

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Business , bloomberg , economics , innovation

   

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