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Economist Ricardo Hausmann Says the US Has a Chance to Invent the Manufacturing Technology of Tomorrow

from MIT Technology Review

Countries trying to understand what's next for their export industries often call Ricardo Hausmann. The Harvard economist and onetime planning minister for Venezuela has developed a kind of economic aptitude test for nations. Using complexity theory and trade data, Hausmann looks at what a country is good at making and predicts what types of more valuable items it could produce next. more


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