The idea that innovation and new technology have stopped driving growth is getting increasing attention. But it is not well founded
"The various motors of 20th-century growth—some technological, some not—had
played themselves out, and new technologies were not going to have the same
invigorating effect on the economies of the future. For all its flat-screen
dazzle and high-bandwidth pizzazz, it seemed the world had run out of ideas"
