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NASA Space Science Technology

Neal Stephenson On 'Innovation Starvation' 437

Geoffrey.landis writes "In an essay discussing the space program, author Neal Stephenson suggests that the decline of the space program 'might be symptomatic of a general failure of our society to get big things done.' He suggests that we may be suffering from innovation starvation: 'Innovation can't happen without accepting the risk that it might fail. The vast and radical innovations of the mid-20th century took place in a world that, in retrospect, looks insanely dangerous and unstable.'" Though the context is different, this reminds me of economist Tyler Cowen's premise that the U.S. has for decades been in a Great Stagnation.
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Neal Stephenson On 'Innovation Starvation'

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Economists state their GNP growth projections to the nearest tenth of a percentage point to prove they have a sense of humor. -- Edgar R. Fiedler

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