Brad DeLong on economics and nanotechnology

Berkeley economist Brad DeLong has A Framework for the Economic Analysis of Technological Revolutions, with an Application to Nanotechnology up on his blog. While slightly confused on MNT ("if engines of creation are possible, hasn't evolution had enough time to build them yet?"), his conclusions about the need for the U.S. to encourage immigration in order to continue to play a key role in technology sound exactly right.

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