Are current US rates of growth and disruption enough to keep protectionist interest groups from outpacing innovation (#MancurOlson)?
Comparing your 2003 work and present work, it seems, at least to me, that your sense of how culture works has changed, namely the extent to which culture and individuals are elastic. What’s your current view here?
Our market is large enough, and there are enough foreign sources of competition and innovation, that yes I think this will work out OK. It is just that we could do so, so much better.
The degree of federalism in the United States helps as well. I see more decisions and functions of government devolving to the states and even cities. That introduces more political competition into the American system.
Are current US rates of growth and disruption enough to keep protectionist interest groups from outpacing innovation (#MancurOlson)? Comparing your 2003 work and present work, it seems, at least to me, that your sense of how culture works has changed, namely the extent to which culture and individuals are elastic. What’s your current view here?
Our market is large enough, and there are enough foreign sources of competition and innovation, that yes I think this will work out OK. It is just that we could do so, so much better.
The degree of federalism in the United States helps as well. I see more decisions and functions of government devolving to the states and even cities. That introduces more political competition into the American system.