Edmund Phelps - America's peak years of indigenous innovation ran from the 1820s to the 1960s. T...

Edmund Phelps Zitate

America's peak years of indigenous innovation ran from the 1820s to the 1960s. There were a few financial panics and two depressions, to be sure. But in this period, a frenzy of creative activity, economic competition and rapid growth in national income provided widening economic inclusion, rising wages for all, and engaging careers for most.

Edmund Phelps

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Deutsche Übersetzung

Amerikas Spitzenjahre der indigenen Innovation lagen zwischen den 1820er und den 1960er Jahren. Sicherlich gab es einige Finanzpaniken und zwei Depressionen. In dieser Zeit sorgten Raserei an kreativer Tätigkeit, wirtschaftlicher Wettbewerb und rasches Wachstum des Volkseinkommens für eine zunehmende wirtschaftliche Inklusion, steigende Löhne für alle und für die meisten Karrieren.

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