Revive the export economy

Paul Krugman: Nobel Prize-winning economist: speaks about economical changes in Brittans manufactoring processes.

Krugman says “Gordon Brown was selling the economic successes of Britain in the past 15 years on false pretences,”

He's saying that Britain needs to go back to manufactured goods.

Then he offers some ideas of how this could happen, and suggests the British government follows in the footsteps of Silicon Valley.

Krugman then talks about new innovation hotspots(with new idea, which can give the owner(the company) much money) and the importants that the government must catch them early and correctly incubate them so they don't fizzle.