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title: How America Loses Its Edge
description: For the past 50 years, the rational exuberance of the American economy has been propelled by the combination of three innovations: the computer, the microchip...
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author: Walter Isaacson
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article:published_time: 2019-01-03T11:05:08.000Z
article:modified_time: 2026-02-23T22:23:54.264Z
article:section: Ideas
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# How America Loses Its Edge

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![Walter Isaacson](https://static.time.com/v3/assets/bltea6093859af6183b/blt11ad5361dd70b506/69868f6ecd6848ead7094a8f/walter-isaacson-author.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1:1)

by 

[Walter Isaacson](https://time.com/author/walter-isaacson/)


![Walter Isaacson](https://static.time.com/v3/assets/bltea6093859af6183b/blt11ad5361dd70b506/69868f6ecd6848ead7094a8f/walter-isaacson-author.jpg?branch=production&width=96&quality=75&auto=webp)

## Walter Isaacson


Jan 3, 2019 11:05 AM UTC

![Workers replace cables at a telecommunications hub in New York where companies exchange Internet traffic to boost efficiency.](https://static.time.com/v3/assets/bltea6093859af6183b/bltf7ab197e6bd5f27b/698941ad8fd2ee702335d672/america-innovation-internet-research.jpg?branch=production&width=1200&quality=75&auto=webp&crop=3:2)

Workers at a colocation center build out a server rack. New York, NY.

Workers at a colocation center build out a server rack. New York, NY. Peter Garritano

![Walter Isaacson](https://static.time.com/v3/assets/bltea6093859af6183b/blt11ad5361dd70b506/69868f6ecd6848ead7094a8f/walter-isaacson-author.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1:1)

by 

[Walter Isaacson](https://time.com/author/walter-isaacson/)


![Walter Isaacson](https://static.time.com/v3/assets/bltea6093859af6183b/blt11ad5361dd70b506/69868f6ecd6848ead7094a8f/walter-isaacson-author.jpg?branch=production&width=96&quality=75&auto=webp)

## Walter Isaacson


Jan 3, 2019 11:05 AM UTC

For the past 50 years, the rational exuberance of the American economy has been propelled by the combination of three innovations: the computer, the microchip and the Internet. The research and development that produced each came from a triangular alliance of government, academia and private business.

This tripartite machine of government working with universities and private corporations was not merely a random array with each group pursuing its own aims. Instead, during and after World War II, the three groups had been purposely fused into an innovation triangle.

_To read the full story,_ [_click here_](http://time.com/longform/america-innovation/)

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