Economics bloggers don't think much of R&D as a catalyst for innovation

Last month, the Kauffman Foundation held a seminar bringing together some 40 economics bloggers from across the political and economic spectrum. Their goal: to discuss the state of the nation. Their findings, just released: contradictory. (According to this group, TARP will either “help prevent a depression” or cause “long-term structural damage”. Which I guess accurately reflects the conflicting opinions that seem to have paralyzed the powers-that-be but remains somewhat less than entirely useful.)

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