Jim Manzi: American innovation has always relied on government support…

“…in a new and important essay in the spring issue of National Affairs , titled “The New American System,” Manzi’s essential point is that American innovation — the key to our prosperity — has always relied, to some extent, on government support. In the early days of the republic, he writes, Alexander Hamilton proposed government help for the developing manufacturing industries — “the high-tech sector of its day.” Hamilton’s basic insight, he adds, was “that the enormous economic value that innovative industries could offer the nation merited public efforts to enable their success.”  Joe Nocera, in Government Nurtures Innovation.

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