Efficiency is the Enemy of Innovation
462 views · Published 14 March 2013 · 1:43 · Indexed 22 October 2026
Channel: Carnegie Council for Ethics in International Affairs · 2013 · Education
Tipping his hat to Keynes, Warburg Pincus's William Janeway points out that relentless pursuit of efficiency on the supply side of an economy leads to reductions in demand and innovation. This Carnegie Council event took place on March 5, 2013. For complete video, audio, and transcript, go to: https://www.carnegiecouncil.org/studio/multimedia/20130305/
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