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Why Isn't America Innovating Like It ­sed To?

By Technology Review

August 9, 2011

America isn't innovating like it used to. And by "like it used to," I mean the period from after World War II to 1973, when an explosion of new technologies increased worker productivity at a pace that, had it continued to the present day, would mean an increase in the average worker's wage of 51 percent, or $18 per hour.

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