The American economy exists at the technological frontier. And higher living standards over the long run means developing and applying new technologies and techniques, not just more widely applying existing ones. (Not that doing the latter isn’t also important.) Continually pushing forward that tech frontier should be a key focus for pro-growth policymakers.
Image: A SpaceX Falcon Heavy rocket, carrying the US Air Force’s Space Test Program 2 Mission, lifts off from the Kennedy Space Center in this time exposure from Cape Canaveral, Florida, US, June 25, 2019. REUTERS/Steve Nesius
