Remember that “evolution is cleverer than you are”. We build resilience not by doubling down on one or two particular worldviews but by trying out different theories of change in different policies
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Remember that “evolution is cleverer than you are”. We build resilience not by doubling down on one or two particular worldviews but by trying out different theories of change in different policies
What we should focus on is not policy that is interventionist or otherwise, for the sake of it, but rather policy that engineers fair, competitive arenas for firms to succeed or fail.
Many key ingredients of economic development require long-term planning, a greater tolerance for the long-term (patience) means that these ingredients may get to be fully cooked as well.