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October 5, 2011 05:05 pm

Neal Stephenson On 'Innovation Starvation'

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.

Read more of this story at Slashdot.



Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/MJOX0mv0GvM/Neal-Stephenson-On-Innovation-Starvation

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