Economics

U.S. Economic Performance

REUTERS/Robert Galbraith - A designer works on a restaurant sign at TechShop in the South of Market neighborhood in San Francisco, California April 24, 2014. In the shadow of Internet monoliths, it's easy to forget that Silicon Valley got its start from hard-scrabble tinkerers building radios, microchips and other devices. Now, a proliferation of high-tech but affordable manufacturing tools and new sources of funding are empowering a generation of handy entrepreneurs and laying the foundation for a hardware renaissance. A growing focus on hardware and the so-called "Maker movement" is sweeping northern California and, in a smaller way, Europe and other countries. Renewed interest in tinkering with objects - versus apps or software - is attracting more money from investors and fostering a growing number of workshops, where aspiring inventors can get their hands on computerized milling machines and other high-end tools. Picture taken April 24, 2014.

Blog Post

New technologies haven’t made us more productive, plus 3 more new findings in economics

March 22, 2016, Fred Dews

In early March, Brookings hosted dozens of economists to discuss new papers submitted to the Brookings Papers on Economic Activity (BPEA), the academic journal published by Brookings Economic Studies that has been informing public policy since 1970.

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