Rebuilding a Real Economy by National Academy of Engineering... - 9780309150071

National Academies Press

Rebuilding a Real EconomyUnleashing Engineering Innovation: Summary of a Forum\nAuthor(s): National Academy of Engineering, Steve Olson\nFormat: Paperback\nPublisher: National Academies Press, United States\nImprint: National Academies Press\nISBN-13: 9780309150071, 978-0309150071\nSynopsis\nThe financial crisis that began in 2008 is a stark demonstration that we as a nation take great risks when we build too much of our economy on a base that does not create real value. Relying on vaporous transactions to generate wealth is no substitute for making real products and providing real services. In the 21st century, the United States and the rest of the world will face some of the greatest challenges of the modern age: feeding a growing population, generating adequate energy without destroying the environment, countering chronic and emerging infectious diseases. The first decade of the new century has shown that technological innovation is essential for the United States and other count.