William H. Janeway worries that the financial and scientific foundations of the American innovation economy are breaking down.
CAMBRIDGE – The supply chain for capital nowadays is being distorted by three phenomena. The first two are speculative bubbles, which could spill over from the financial sector to the real economy (following the pattern of similar episodes over the p… [12736 chars]
Source: Project Syndicate | Published: 2025-08-29T09:13:00Z
Credit: Project Syndicate
