MIT economists Erik Brynjolfsson and Andrew McAfee were on 60 Minutes yesterday discussing their book Race Against the Machine, which describes how computers (in particular, robots & digitally enabled technologies) are increasingly displacing...
Read More →This week’s issue of The Economist contains an article assessing recent claims by Tyler Cowen, Robert Gordon, Peter Thiel and others that we have entered an age of diminished innovation and declining economic prosperity. Here’s axcerpt...
Read More →“If a sufficient number of management layers are superimposed on top of each other, it can be assured that disaster is not left to chance.” – Norman Augustine Look around you and you will...
Read More →I wrote this piece with Lewis Branscomb and Richard Zeckhauser in 2001. As it was part of a grant application, it was never published. The topic of innovation ecosystems keeps coming up (e.g....
Read More →If there is a next big thing at the moment in the field of economics, it is the application of techniques from medical research—specifically, “randomized controlled trials,” or RCTs—to assess the effectiveness of...
Read More →SOCAP11 is getting going today at Fort Mason in San Francisco. I’m not going to be there. So why should I care? Well, there’s one obvious reason that I, personally, should care: Innovations...
Read More →In my last post (motivated by an exchange with @keithkall on the topic of complexity theory), I noted that the observations of actual changemakers held real insights that we students of change do...
Read More →Keith Kall (@keithkall) gets to the heart of the matter with this comment re. my last post about complexity: …Very interesting post. I was left with the thought that a lot of this...
Read More →Folks over at @aidwatch have been getting into writing about complex systems these days. I’m not sure I know what they’re talking about. And I don’t think they do either. Here’s Bill Easterly writing today...
Read More →This long post is drawn in part from prior work of mine on entrepreneurship and economic growth including “The Simple Economics of Technology Entrepreneurship: Market Failure Revisited.”I was prompted to write it by...
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