On average, over the last 145 years, the economy of the United States, measured by GDP per capita, has grown 2% per year.  Over the last 45 years, however, US per capita growth has been markedly slower, averaging 1.62% for the period 1970-2014.  In the wake of the 2008 financial crisis and the slow recovery … Continue reading Against the Winds: Can Innovation Overcome the Negative Trends in the American Economy?