Innovation is a source of economic growth. Including the impact of new technology and the incentives that stimulate creativity, innovation is important for a market system. Depending on current events, econlife considers the impact and source of past and present innovation that includes the industrial revolution, the transportation revolution, the information revolution and people like Steve Jobs and Andrew Carnegie who made it possible.

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    Amazonian eWarfare

    Jan 31, 12 • 533 Views • No Comments

    By Mira Korber, guest blogger. The Amazon rainforest may be shrinking, but certainly isn’t. The superpower “e-tailer” has all but taken over, and it’s selling just about anything, but threatens one industry just......  [read more]

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    Encouraging Innovation

    Jan 29, 12 • 784 Views • No Comments

    “Steve had this firm belief that the right kind of building can do great things for a culture.” The Steve is Steve Jobs and the building is Pixar’s headquarters. (The quote came from Walter Isaacson’s Steve Jobs) The usual Hollywood......  [read more]

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    A Fair Shot?

    Jan 28, 12 • 407 Views • No Comments

    In its breakdown of this week’s State of the Union, the Washington Post looked at time, topics and the Congress. Time: The President devoted almost half of his speech to the economy, and more than half if you include the deficit. The Congress:......  [read more]

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    Steve Jobs and Manufacturing Jobs

    Jan 23, 12 • 485 Views • No Comments

    A friend recently said to me, “The U.S. just doesn’t make anything anymore.” But we do. It’s just harder to see it. To observe contemporary U.S. manufacturing, you could go to Greenville, South Carolina. At an auto parts factory making......  [read more]

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    Breaking An Environmental Law

    Jan 21, 12 • 605 Views • No Comments

    Asked by the Pew Center for the People and the Press to rank 21 issues in terms of their significance, global warming was #21. Similarly pessimistic about climate change initiatives, one researcher asked, “How can one seriously suggest that the village......  [read more]