The following video is part of our nationally syndicated Motley Fool Money radio show, in which host Chris Hill and advisors Ron Gross, James Early, and Seth Jayson discuss the week's business and investing news. This week's guest is best-selling author and economic historian Niall Ferguson. In this clip, he explains why he believes innovative leaders like Apple and Intel won't be the ones to spur economic growth in the United States.

Chris Hill owns shares of Cisco Systems and Microsoft. The Motley Fool owns shares of Intel, Microsoft, Apple, Cisco Systems, and Google, has created a bull call spread position on Cisco Systems, and has bought calls on Intel. Motley Fool newsletter services have recommended buying shares of Apple, Google, Cisco Systems, Microsoft, and Intel and creating bull call spread positions in Intel, Microsoft, and Apple. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.