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LSE IQ

Will the US remain the world’s superpower?

May 21, 2024
Elizabeth Ingleson, John Van Reenen, and Ashley Tellis discuss the potential decline of America's superpower status. Topics include winner's take all industries, US foreign policies, reshoring manufacturing, and evolving power dynamics with China and India.
35:05

Podcast summary created with Snipd AI

Quick takeaways

  • US success based on market size and innovation, fostering tech giants like Google and Apple.
  • Shift in US military focus towards preserving global order and adapting to climate crisis challenges.

Deep dives

The US Economy's Success Factors: Size, Openness, and Innovation

The US's success is attributed to its large market size, fostering competition and innovation. The openness to international talent and ideas has been a key driver, allowing for the creation of dynamic businesses like Google, Apple, and Facebook. Clusters of innovation at top universities fuel rapid scaling of companies, maintaining a competitive edge globally.

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