The case for ‘innovative dynamism’: My long-read Q&A with Arthur Diamond

Is creative destruction too disruptive and destructive? Given our standard of living, does America still need innovation? Arthur Diamond appeared on the Political Economy podcast to discuss how innovative dynamism improves our lives. Arthur is ....

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Nikki Haley, capitalism, and fighting the coronavirus pandemic

There’s a certain kind of person who upon hearing or reading any praise of markets or capitalism, immediately demands clarification or expansion. “Don’t forget the government!” For instance: Mention Google or Amazon as great examples ....

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America’s system of entrepreneurial innovation is under extreme stress

It’s no surprise that America is intently focused on daily COVID case and fatality counts, whether various curves are bending or flattening, and every bit of info about the latest vaccine trials. Every news cycle ....

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5 questions for John Van Reenen on innovation and federal R&D spending

Can the US boost its productivity and tackle our greatest challenges, like climate change, through innovation? What role should federal R&D spending play in furthering our scientific and technological advancement? And can we engage in ....

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5 questions for Toby Ord on the risk of human extinction

What sort of extinction-level catastrophes should we be concerned about? What can we do to meet these challenges? And what are the odds we survive this century? Toby Ord joined Political Economy to discuss these ....

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Is GPT-3 the AI tool that launches a productivity revolution?

GPT-3 is an AI tool — machine learning, specifically — trained on an extremely large data set that can generate some pretty amazing text when prompted, everything from creative fiction to computer code. It’s also ....

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Are we in a dark age of invention and innovation? And if so, will we ever get out?

It is one thing to argue that technological progress has diminished or slowed, quite another to argue that such stagnation is permanent. Recently, I ran across a 2005 analysis by physicist Jonathan Huebner, then working ....

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Is America going to settle for slow economic growth? Too many of us might be OK with that.

Just before Independence Day, the Congressional Budget Office released its updated 10-year economic forecast. Basically, it shows a 5 percent bump in real GDP next year before settling into 2 percent growth mode for the ....

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