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October 1997

Life in the Fast-Growth Lane

With the productivity benefits of information technology finally starting to kick in, we can afford to pursue rapid economic growth.

By Bennett Harrison

The recent successes of the American economy have surpassed everyone's expectations. We've managed to combine fast economic growth, low unemployment, and virtually nonexistent inflation. How did these happy conditions come about? What has technology got to do with it? And what policies can keep the ball rolling?

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