Read the Federal Reserve Bank of Minneapolis' report entitled:
"Breaking Down the Barriers to Technological Progress: How U.S. policy can promote higher economic growth," by Preston J. Miller and James A. Schmitz.
Questions- What do the authors claim is the key to increasing the rate of growth of productivity in the U.S.?
- Describe the methods suggested by the authors to achieve this goal. Explain why each of these policies might have an effect on productivity growth.
