A vision for economics

What could our economy and society be like in thirty to forty, maybe even fifty years? Just doing the same things differently? Or doing really different things? What could those things be? And what could economics tell us about that far-term future? If you ask for such genuine vision, the reaction you’ll most likely receive ranges […]

And what about the risk of innovation success?

The outcome of any innovative endeavour is by no means certain. Rather, innovation entails risk for the innovator as well as for the society he’s working in. The first might be considered the risk of innovation failure, which I have already addressed in a previous post. The second risk is the risk of innovation success, and […]

Funding innovation – a broken cycle?

Without a doubt, Clayton Christensen is one of the most prolific thinkers, scholars, and writers on innovation. He is probably best known for having coined the term “disruptive innovation”, but that is only the tip of the iceberg. To get a deeper appreciation of his thinking, I’d encourage you to watch the Clarendon Lecture he gave […]

Is growth inevitable?

We all tend to believe that mankind is on a path of continuous progress and ever-increasing prosperity, driven by good fortune and human ingenuity. Is that just wishful thinking or could it actually be true? I started looking into this question from a macro perspective in my previous post. I talked about the work of […]