bf, in one sense "growth comes from innovation" is [trivially] true inasmuch as you can't accumulate an Industrial Revolution's worth of capital without it bein

bf, in one sense "growth comes from innovation" is [trivially] true inasmuch as you can't accumulate an Industrial Revolution's worth of capital without it being invented first, but yeah, no quantitative data for anything more substantial there The bigger question is whether he's mixing cause and effect, and it's actually "innovating economies don't shrink [at least not in the medium term]"