Eamonn Fingleton

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ReflexionesNuevas Tecnologías,

Congress might be at loggerheads, the unemployment rate might be too high and America’s infrastructure might be crumbling — but Americans of all political viewpoints comfort themselves with the notion that at least they lead the world in high technology and always will.

It’s a pleasing, convenient idea. China can’t outrun the United States, because it’s not creative enough. It’s authoritarian. Democracy is central to innovation, according to this comforting scenario.

Although America has accounted for a sizable share of all technological innovations that have shaped our modern world, the wider historical evidence is disappointing for anyone who thinks political freedom is a fundamental precondition for innovation.…  Seguir leyendo »

MundoAsia

Despite some small signs of optimism about the United States economy, unemployment is still high, and the country seems stalled.

Time and again, Americans are told to look to Japan as a warning of what the country might become if the right path is not followed, although there is intense disagreement about what that path might be. Here, for instance, is how the CNN analyst David Gergen has described Japan: “It’s now a very demoralized country and it has really been set back”.

But that presentation of Japan is a myth. By many measures, the Japanese economy has done very well during the so-called lost decades, which started with a stock market crash in January 1990.…  Seguir leyendo »