Summary
Consider the experience of the US steel industry in the 20th century and the tech sector at the start of the 21st century. After the 2000 stock market crash, hundreds of Silicon Valley startups collapsed, throwing thousands of highly paid computer professionals out of work.
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Extract
Let Innovation Stimulate the Economy
The economy is in terrible shape. But rather than a time for panicked reactions, writes Shikha Dalmia of the Reason Foundation, th...
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