{"id":14350,"date":"2026-07-06T20:11:51","date_gmt":"2026-07-06T20:11:51","guid":{"rendered":"https:\/\/medical-article.com\/?p=14350"},"modified":"2026-07-06T20:11:51","modified_gmt":"2026-07-06T20:11:51","slug":"on-the-importance-of-innovation-and-entrepreneurship","status":"publish","type":"post","link":"https:\/\/medical-article.com\/?p=14350","title":{"rendered":"On the importance of innovation and entrepreneurship"},"content":{"rendered":"<p>\u201cI will maintain that there is no comparably important question in economics, because this is the question of human progress. This is the question of human wellbeing over millennia. Everything else about resource allocation, about policy, about macro\u2026everything else is a footnote to this larger question of how new things come into being and how they reach most people.\u201d<\/p>\n<p>\u2013 Philip Auerswald on <a href=\"https:\/\/www.econtalk.org\/can-a-phone-be-a-cow-with-philip-auerswald\/\">EconTalk (\u201cCan a Phone be a Cow\u201d)<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>\u201cI will maintain that there is no comparably important question in economics, because this is the question of human progress. This is the question of human wellbeing over millennia. Everything else about resource allocation, about policy, about macro\u2026everything else is a footnote to this larger question of how new things come into being and how&#8230;<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-14350","post","type-post","status-publish","format-standard","hentry","category-articles"],"_links":{"self":[{"href":"https:\/\/medical-article.com\/index.php?rest_route=\/wp\/v2\/posts\/14350"}],"collection":[{"href":"https:\/\/medical-article.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medical-article.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/medical-article.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14350"}],"version-history":[{"count":0,"href":"https:\/\/medical-article.com\/index.php?rest_route=\/wp\/v2\/posts\/14350\/revisions"}],"wp:attachment":[{"href":"https:\/\/medical-article.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medical-article.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medical-article.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}