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Work will remain in the digital age

The notion that technological innovation destroys jobs is a reoccurring phenomenon in human history. There is a caricature by Honoré Daumier from the peak of the industrial revolution in the 19th century that shows sour-faced horse cab drivers watching steam…

Capital for Purpose

Capital, as defined by economists, has been applied to various purposes for the past four hundred years. It has served as the foundation for many of humankind’s most extraordinary achievements, including economic prosperity and social improvements. Thanks in part to…

Where should the big money go?

Writing on “Capital for Purpose” without proposing a novel idea or saying something innovative is a challenging task. It is also daunting to write about “Capital for Purpose” without straying into recounting the basics of economics. Governments have enormous and…