The US economy continues to outperform other OECD countries and most of the rest of the world, and the US has advantages in innovation ecosystem rewarding entrepreneurship, financial markets four times the size of Europe's (the next largest), and world-class universities that attract global talent; these structural advantages should make the US cautious about copying Chinese industrial policy.
factualpending
Speaker
Jim BakerEvidence Quote
“Your magazine in October of 2024 had a fascinating special edition on how the United States economy just continues to grow and basically kick the crap out of every other OECD country and most of the rest of the world. We are doing a lot of things right. We have this innovation ecosystem that disproportionately wards entrepreneurships. We have very deep financial markets, four times the size of the next largest, that would be Europe. We still have worldclass universities that attract talent.”
Created: 8/11/2026, 6:35:07 AM
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