People walk near a Microsoft office in New York in November, 2016. Large tech firms such as Microsoft have been accused of stifling innovation through their acquisitions and competitive practices. Photo: AP
People walk near a Microsoft office in New York in November, 2016. Large tech firms such as Microsoft have been accused of stifling innovation through their acquisitions and competitive practices. Photo: AP
Edmund S. Phelps
Opinion

Opinion

Macroscope by Edmund S. Phelps and Mohammad Salhut

Post-pandemic US can revive prosperity through commitment to innovation and reform

  • Increasingly dominant companies, especially tech firms, and outdated corporate governance practices are undermining the foundations of prosperity
  • Fortunately, there are simple steps that regulators and educators can take to put the economy and society on a sounder footing

People walk near a Microsoft office in New York in November, 2016. Large tech firms such as Microsoft have been accused of stifling innovation through their acquisitions and competitive practices. Photo: AP
People walk near a Microsoft office in New York in November, 2016. Large tech firms such as Microsoft have been accused of stifling innovation through their acquisitions and competitive practices. Photo: AP
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