Interesting article on growth economics, innovation and entrepreneurship by Tom Kane that appeared recently in the American. Here's the link: http://american.com/archive/2011/october/macro-vs-growth. In the article, Mr. Kane discusses the differences between macroeconomics, which is the focus of our politicians in Washington DC, and growth economics, which deals more with long-term trends in output per capita. Growth economics deals with entrepreneurship and innovation - important topics for the US economy.
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