Shawn G. Henry

Daron Acemoglu, MIT

If the U.S. wants to stay competitive, the only real option is innovation. New products and services can create high-paying jobs, boost incomes, and stimulate growth. "Ninety-five percent of economists agree that innovation is the most important thing for long-run growth," says Daron Acemoglu, an economist at Massachusetts Institute of Technology, and the winner of the 2005 John Bates Clark Medal for the top economist under 40.

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