These Nobel-prize-winning economists have a timely lesson for Congress
We live in arguably the most innovative and prosperous era in human history. My lifetime alone has seen numerous technological leaps that past generations could never have dreamed of, including the moon landing, the birth of the internet, and now the rise of artificial intelligence. But this pace of transformation is historically the exception, not the rule — and it may not continue much longer if the infringer lobby gets its way. That’s the lesson to be drawn from last year’s Nobel Prize in economics, which was awarded to Joel Mokyr, Philippe Aghion and Peter Howitt for ...