- Who are the ’30 under 30′ rising stars of Florida politics?
- Sen. John Thrasher makes the cut; will be interviewed Tuesday for FSU president’s job
- St. Pete embraces the International Day of Peace
- Study shows Florida voters rejecting federal internet sales tax push
- FSU survives Clemson; can its reputation survive ‘Jameis being Jameis’?
- U.S. Rep. David Jolly calls on more days in session for Congress
- Meet Kevin Cleary — one of the 30 under 30 rising stars in Florida politics
The American Dream is over?
Martin Wolf considers the end of “the world of the American dream and American exceptionalism” amid slowing gains in the benefits of innovation.
“What we are now living through is an intense, but narrow, set of innovations in one important area of technology. Does it matter? Yes. We can, after all, see that a decade or two from now every human being will have access to all of the world’s information. But the view that overall innovation is now slower than a century ago is compelling… For almost two centuries, today’s high-income countries enjoyed waves of innovation that made them both far more prosperous than before and far more powerful than everybody else… Now innovation is slow and economic catch-up fast. The elites of the high-income countries quite like this new world. The rest of their population like it vastly less. Get used to this. It will not change.”