Author name: Lynne Kiesling

New Areas for Innovation Push Back Against “The Great Stagnation”

Lynne Kiesling Happy New Year! Here’s a little dose of technology optimism to start your year off: 2012 was a good, solid year for innovation, and there’s room and opportunity for even more. This TechCrunch article describes some burgeoning innovation opportunities in health care, education, transportation, and entertainment. Here’s one thing to bear in mind …

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Deck the Halls with Macro Follies!

Lynne Kiesling For your holiday enjoyment, from John Papola and EconStories, Deck the Halls with Macro Follies! [youtube=http://www.youtube.com/watch?v=7uKnd6IEiO0] John’s wry video does a great job of laying out the macroeconomic debate over the drivers of economic well-being — is Malthusian/Keynesian aggregate demand stimulus to overcome a general glut effective, or is saving to invest in …

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Physical and Virtual Aren’t Always Substitutes

Lynne Kiesling Whether the topic is retail sales or higher education (or some other application), the role of digital technology raises the question of how, if at all, online activity substitutes for physical, face-to-face activity. That relationship differs case-to-case; you wouldn’t expect the effects of online shopping on bricks-and-mortar shops to have the same patterns …

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I, Pencil: The Movie

Lynne Kiesling Whether or not you’ve read Leonard Read’s famous essay I, Pencil, I recommend this short video rendition, courtesy of the Competitive Enterprise Institute. [youtube=http://www.youtube.com/watch?v=IYO3tOqDISE] It captures poetically the fascinating, marvelous coordination that we achieve through markets, enabling prosperity and well-being beyond what we would each individually be able to achieve alone. And at …

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Disruptive Innovation in Education

Lynne Kiesling The disruptive digital innovations that have transformed music, movies, and news are now changing business models in higher education. This month’s Cato Unbound features a set of essays on the possible effects of changes like universities offering MOOCs (massive online open courses) at zero price. In the lead essay, Alex Tabarrok argues that …

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