"Because most entrenched bureaucracies tend to develop a strong aversion to changing the status quo, state-run technological progress is not likely to be sustained over long periods." — Joel Mokyr
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Super, thanks for the reference- I’ll check it out. I held similar views as this is the conventional wisdom in the UK. My thinking evolved on reading
@MazzucatoM ‘s The Entrepreneurial State. As a fan of your work & essays I think an@intelligence2 debate on it would be great.Thanks. Twitter will use this to make your timeline better. UndoUndo
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