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17 Reasons for Economic Optimism

There has been a dearth of economy-altering innovation, the kind that fuels rapid growth in the economy’s productive potential. There has been a global glut of labor because of a period of rapid globalization and technological change that reduced workers’ bargaining power in rich countries. And there has been persistently inadequate demand for goods and services that government policy has been unable to fix.

There is not one reason, however, to think that these negative trends have run their course. There are 17.
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