Book•
The End of Laissez-Faire
01 Jan 1926-
TL;DR: For more than a hundred years our philosophers ruled us because, by a miracle, they nearly all agreed or seemed to agree on this one thing as mentioned in this paper. But a change is in the air.
Abstract: The disposition towards public affairs, which we conveniently sum up as individualism and laissez-faire, drew its sustenance from many different rivulets of thought and springs of feeling. For more than a hundred years our philosophers ruled us because, by a miracle, they nearly all agreed or seemed to agree on this one thing. We do not dance even yet to a new tune. But a change is in the air. We hear but indistinctly what were once the clearest and most distinguishable voices which have ever instructed political mankind. The orchestra of diverse instruments, the chorus of articulate sound, is receding at last into the distance.
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27 Oct 2015
TL;DR: The US Entrepreneurial State: From crisis ideology to the Division of Innovative Labour as mentioned in this paper, from crisis ideologies to the division of innovative labour, from crisis ideology to innovative labour.
Abstract: Introduction: Thinking Big Again 1. From Crisis Ideology to the Division of Innovative Labour 2. Technology, Innovation and Growth 3. Risk-Taking State: From 'De-risking' to 'Bring It On!' 4. The US Entrepreneurial State 5. The State behind the iPhone 6. Pushing vs. Nudging the Green Industrial Revolution 7. Wind and Solar Power: Government Success Stories and Technology in Crisis 8. Risks and Rewards: From Rotten Apples to Symbiotic Ecosystems 9. Socialization of Risk and Privatization of Rewards: Can the Entrepreneurial State Eat Its Cake Too? 10. Conclusion
925 citations
Book•
[...]
01 Jan 1932
TL;DR: In the light of subsequent history, Essays in Persuasion as discussed by the authors is a remarkably prophetic volume covering a wide range of issues in political economy, including the Versailles Treaty.
Abstract: In the light of subsequent history, Essays in Persuasion is a remarkably prophetic volume covering a wide range of issues in political economy. In articles on the Versailles Treaty. John Maynard Keynes foresaw all too clearly that excessive Allied demands for reparations and indemnities would lead to the economic collapse of Germany. In Keynes's essays on inflation and deflation, the reader can find ideas that were to become the foundations of his most renowned treatise, The General Theory of Employment, Interest and Money (1936). With startling accuracy Keynes forecast the economic fluctuations that were to beset the economies of Europe and the United States and even proposed measures which, if heeded at the time, might have warded off an era of world-wide depression. His views on Soviet Russia, on the decline of laissez-faire, and the possibilities of economic growth are as relevant today as when Keynes originally set them forth.
789 citations
Book•
01 Apr 2003
TL;DR: Technological Revolutions and Financial Capital as discussed by the authors presents a novel interpretation of the good and bad times in the economy, taking a long-term perspective and linking technology and finance in an original and convincing way.
Abstract: Technological Revolutions and Financial Capital presents a novel interpretation of the good and bad times in the economy, taking a long-term perspective and linking technology and finance in an original and convincing way.
499 citations
TL;DR: In this paper, the authors focus on the broader lessons from mission-oriented programs for innovation policy and indeed policies aimed at investment-led growth, and discuss how to choose and implement missionoriented policies, with an example.
Abstract: This article focuses on the broader lessons from mission-oriented programs for innovation policy—and indeed policies aimed at investment-led growth. While much has been written about case studies on missions, this has not resulted in an alternative policy making toolkit. Missions—in the least—require those tools to be just as much about market cocreating and market shaping, as they are about market fixing. The article reviews the characteristics of mission-oriented programs, ooks at key features of those programs that can provide lessons, and discusses how to choose and implement mission-oriented policies, with an example.
471 citations
TL;DR: The authors argued that the new global rules, regulations, and institutions implemented by the World Trade Organization have facilitated the ability of the private agrifood sector to consolidate and expand internation- ally.
Abstract: The last decade has witnessed a dramatic rise in global trade in food and agricultural products While much analysis has focused on the role of the World Trade Organization (WTO) in this process, we argue that other forms of regulation are of far greater consequence In this paper, we examine changes in the agrifood system made possible by the WTO and we assess the rise of global private standards We argue that the new global rules, regulations, and institutions implemented by the WTO have facilitated the ability of the private agrifood sector to consolidate and expand internation- ally Of particular importance is the growing influence of food retailers as they rapidly become more global and oligopolistic The article concludes that today it is the private sector, and retailers in particular, together with private standards that are at the center of the transformation of the global agrifood system
410 citations