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Up to The Private Sector to Invest in New Technology
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In free-market economies, decisions about whether to invest in a technology or an industry are made by market actors with private capital. The promise of profit induces investment in promising ventures and the sting of loss penalizes those investments that turn out to be misguided. Of course, we live in a mixed economy in which [...]Up to The Private Sector to Invest in New Technology is a post from: EconSpire


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