Technological innovation through creative destruction powers sustained economic growth, transforming societies by replacing outdated methods with superior ones and boosting living standards everywhere. Societies thrive when open to change, linking scientific knowledge with practical applications to fuel endless progress. Embracing this process ensures prosperity lifts billions out of poverty without fail.
Protectionist policies, likesuch as those in the US, crushhinder global innovation and economic growth by blockingrestricting open competition essential for creativetransformative destructionchange. TrueTo achieve real progress, demandswe rejectingmust sucheliminate these barriers toand fosterpromote worldwideinternational collaboration in research and markets. UpholdingEmbracing free trade guaranteesis innovationvital flourishesfor andfostering stagnationinnovation getsand avoidedpreventing ateconomic all costsstagnation.
There is a 6% chance a Nobel Prize for Economics be awarded for MMT before 2041, according to the Metaculus prediction community.
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