The Best Investment Writing Volume 5: Andrew Patterson, Vanguard - The Idea Multiplier: An acceleration in innovation is coming
The Meb Faber Show - Better Investing
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Global Share of Ideas Drives Productivity Growth
The sharing of ideas across borders is a significant driver of long term global growth. Developing economies have already experienced periods of rapid idea diffusion. Now advanced economies such as the us and japan may be poised to gain greater benefits from foreign knowledge, including that emanating from the developing economies. After decades of being net knowledge exporters, corporations must continue to invest in research and development to spur innovation.
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