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William J. Baumol - The notion that our productivity...

The notion that our productivity problems reside in "the spirit of entrepreneurship" that waxes and wanes for unexplained reasons is a counsel of despair, for it gives no guidance on how to reawaken that spirit once it has lagged. (William J. Baumol)

The notion that our productivity problems reside in "the spirit of entrepreneurship" that waxes and wanes for unexplained reasons is a counsel of despair, for it gives no guidance on how to reawaken that spirit once it has lagged.

William J. Baumol

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counsel despair gives guidance lag notion once productivity spirit entrepreneurship

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