To listen to many economists, pundits and policymakers discuss the economics of growth it would be easy to be confused by the commonly used terms: competitiveness, innovation and productivity. These terms are often used almost interchangeably and with little precise meaning. To remedy the situation, this policy memo defines these terms and explains how each is important in driving economic prosperity.
What Does $3.2M Buy in Open Government?
The Knight Foundation received hundreds of submissions to its “Knight News Challenge on Open Gov.,” a competition designed to create new tools to improve how citizens interact with government. Last month, the Foundation awarded over $3.2 million to eight winners. Here’s a round-up of what they do.
Econ 101 is Killing America
In a piece for Salon, Atkinson and Lind, the Policy Director for the Economic Growth Program at the New America Foundation, debunk a series of myths regarding the practice of economics that negatively impact public policy and political decision making. By better understanding what economics is, and what it isn’t, policymakers will be able to more accurately analyze and address the growth and development challenges we face.
If you are intrigued by this blog, you may want to take this simple online test to "find your economic type".
Innovation is Still the Answer
Some argue that technology is changing too much too fast, others that it is changing too little too slow. The truth is in between, but that does not mean we should sit back and relax. We need continued, deliberate innovation policies in order to increase living standards and maintain competitiveness