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Why Are Workers Are Getting A Smaller Piece Of The Economic Pie?

The Horizons Tracker

New research from MIT sets out to understand precisely why the labor share of GDP has fallen from 67% in 1980 to just 59% today. The discontent from economists has mainly arisen due to the remarkable stability of labor’s share of GDP throughout the 20th century. “That’s our key point.” ” Superstar firms.

GDP 63
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Is Entrepreneurship As Popular As We Think?

The Horizons Tracker

Entrepreneurship has seldom been sexier, with the press overwhelmed with stories of technological disruption and the tremendous changes emerging across society as a result of the bold and courageous innovators that are bucking the norm. Hype run wild. Are we all entrepreneurs now? in 1985 to just 5.3% A decline in disruption.

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Why Germany Dominates the U.S. in Innovation

Harvard Business Review

Reading the headlines, you might think that the most urgent question about national success in innovation and growth is whether the U.S. Germany does a better job on innovation in areas as diverse as sustainable energy systems, molecular biotech, lasers, and experimental software engineering. or China should get the gold medal.

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London Succeeds in Its Olympic Trials

Harvard Business Review

London was announced as host city on July 6, 2005 to wild celebrations. No sooner had Beijing's flame died than the global financial crisis took British debt levels above 60% of GDP, excluding public intervention in failing banks. In doing so, they reinforced the importance of innovation to the Games culture.

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What an Economist Brings to a Business Strategy

Harvard Business Review

Walker’s innovation was to bind travelers to pay the prices they bid if the airlines and hoteliers on Priceline accepted the offers. For several decades after World War II, economists used statistical techniques to build increasingly complex models to forecast key macroeconomic variables, notably, GDP growth, inflation and unemployment.

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GDP Is a Wildly Flawed Measure for the Digital Age

Harvard Business Review

Gross Domestic Product (GDP), our core measure of prosperity, was developed during the industrial age. Education and access may also need to evolve, to ensure that the benefits of technological innovation aren’t limited to an elite.

GDP 8