A sluggish recovery and stagnant wages have forced policymakers to reassess how an advanced American economy can maintain its competitiveness in the 21st century. Meanwhile, a fierce global race for innovation advantage is under way and the United States is falling behind.
In his new book, Innovation Economics: The Race for Global Advantage, leading economic thinker Robert Atkinson cautions that unless the United States enacts policies to spur innovation and competitiveness, Americans will face lower standards of living and fewer economic options. Atkinson and co-author Stephen Ezell challenge the conventional wisdom about U.S. competitiveness and offers solutions to regain America’s innovation advantage.
Michael Lind, policy director of the Economic Growth Program at New America and the author of Land of Promise: An Economic History of the United States, joined Atkinson in conversation.