Preventing Stupid Economist Tricks
Trend #1 focuses on doing the right things to return the global economy to prosperous growth; but it's just as important for the U.S. and global economies to avoid doing the wrong things. The transition between the Installation and Deployment phases of a Techno-Economic Revolution is inevitably characterized by disruption and dislocation as inertia within institutions resists the changes needed to support the new paradigm. The entrenched thinking and practices of the old paradigm do not give way easily to the new. From 2000 to the present, change-resistant eco.....