Research and development isn't enough by itself. New discoveries needs to be brought into the economy in the form of new companies, new products, and new jobs. But it matters.
One tension of modern life is that we love new technology when it makes our lives easier, more fun, safer, or healthier, but we hate new technology when certain familiar skills, accustomed habits, favorite consumables and even our jobs become outdated--and we are forced to change. So how do Americans view science overall?
The slump in energy commodities and copper shows the fragility of the global economy and the risks to the consensus’ reflation trade.
In thinking about the state of the economy, it could be useful to know if the number of new business start-ups is trending up or down.
Sometimes the mystery is why something did not happen. The classic statement of this description is in the Arthur Conan Doyle story "Silver Blaze," in which Inspector Gregory asks Sherlock Holmes:
The Gallup Poll regularly asks about what people see as America's most important problem.
The prisoners' dilemma game originated in 1950, and thus commemorates its 70th anniversary this year.