Tuesday , November 5 2024
Home / Mike Norman Economics / The US needs to copy China’s tech strategy to remain the top economy in the world — Robert D Atkinson

The US needs to copy China’s tech strategy to remain the top economy in the world — Robert D Atkinson

Summary:
Many US economists and policymakers cling to the faith that free markets are enough to effectively drive innovation and believe that any national IT strategy would be inappropriate government meddling. Most Chinese government officials are engineers who don't get hung up on such philosophical debates: they do what works.… So it's not surprising that the World Values Survey finds 78% of Chinese residents agree that "more emphasis on the development of technology" is a good thing, compared to just 49% of US residents.... Business InsiderThe US needs to copy China’s tech strategy to remain the top economy in the worldRobert D Atkinson | president of the Information Technology and Innovation Foundation

Topics:
Mike Norman considers the following as important: ,

This could be interesting, too:

Mike Norman writes China locked in hybrid war with US — Pepe Escobar

Mike Norman writes Your Arrow Can Pierce the Sky, But Ours Has Gone into Orbit: The Third Newsletter (2020). — Vijay Prashad

Mike Norman writes There Was No Housing Bubble and Everyone Agrees We Have to Crack Down On China’s Practices on Intellectual Property — Dean Baker

Mike Norman writes China’s Industrial Policies Work — Gabriel Wildau

Many US economists and policymakers cling to the faith that free markets are enough to effectively drive innovation and believe that any national IT strategy would be inappropriate government meddling. Most Chinese government officials are engineers who don't get hung up on such philosophical debates: they do what works.…
So it's not surprising that the World Values Survey finds 78% of Chinese residents agree that "more emphasis on the development of technology" is a good thing, compared to just 49% of US residents....
Business Insider
The US needs to copy China’s tech strategy to remain the top economy in the world
Robert D Atkinson | president of the Information Technology and Innovation Foundation
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *