American ‘Economic Exceptionalism’ Isn’t Dead: How the US Is ‘Built Different’
By Chris Konstantinos, CFA SUMMARY US economy remains structurally more productive than peers. This ‘American Economic Exceptionalism’ is powered by innovation and labor flexibility. The US’ commitment to Research &Development bolsters its innovation edge…and AI should help perpetuate this edge. “Productivity isn’t everything…but in the long run, it is almost everything.” Paul Krugman, economist Much [...] The post American ‘Economic Exceptionalism’ Isn’t Dead: How the US Is ‘Built Different’ appeared first on ETF Trends.
By Chris Konstantinos, CFA SUMMARY US economy remains structurally more productive than peers. This ‘American Economic Exceptionalism’ is powered by innovation and labor flexibility. The US’ commitment to Research &Development bolsters its innovation edge…and AI should help perpetuate this edge. “Productivity isn’t everything…but in the long run, it is almost everything.” Paul Krugman, economist Much [...]
The post American ‘Economic Exceptionalism’ Isn’t Dead: How the US Is ‘Built Different’ appeared first on ETF Trends.
