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Thursday, March 12, 2009

The Power of Consumers

Interesting article in this morning's Wall Street Journal by Amar Bhide, in which he discusses how consumer behavior helps move the economy forward.  I listened to a very interesting talk with Mr. Bhide in which he discussed the ideas in his book The Venturesome Economy.  He is a strong believer in the power of innovation in economic growth, an opinion that I agree with strongly.  I haven't read the book yet, but it is on my list.