Edmund Phelps, the Nobel Prize winning economist, has some really compelling things to say about business and how to improve the culture of innovation in the U.S., mainly by looking back for inspiration. He also thinks that we need to teach students that business is an “opportunity to exercise creativity and imagination” not just painful corporate drudgery. I couldn’t agree more.
Phelps can be heard on the Takeaway as well.
President Obama unveiled a new manufacturing hub in North Carolina. (Reuters)
Amazing photos of the U.S. textile industry. (New York Times)
A forthcoming beer hall, Berg'n, in Brooklyn is the creation of Brooklyn Flea and Brownstoner and sounds very promising. (Gothamist)