Riding the S-Curve Thriving in a Technological Revolution
The information technology revolution offers a great opportunity to leap forward in our collective prosperity. All of us stand to benefit. But some will take to the revolution more easily than others—policymakers have learned this lesson from previous economic revolutions. This Economic Commentary is adapted from a speech given by Jerry L. Jordan, president and CEO of the Federal Reserve Bank of Cleveland, to the Ohio Aerospace Institute on October 12, 2000.
The views authors express in Economic Commentary are theirs and not necessarily those of the Federal Reserve Bank of Cleveland or the Board of Governors of the Federal Reserve System. The series editor is Tasia Hane. This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License. This paper and its data are subject to revision; please visit clevelandfed.org for updates.