Subscribe in a reader






Buy Conservative Advertising

Wikio - Top Blogs

Find the best blogs at Blogs.com.


Enter your email address:

Delivered by FeedBurner


No one but the author bears any responsibility for the non-advertising content on this blog. AND PLEASE NOTE: the author neither necessarily uses nor endorses any product advertised on this blog.

« The Onion comments--sort of--on the Administration's reaction to the CBO report | Main | "The All-Time Worst Interview Mistakes Job Candidates Have Made" »

February 10, 2014

"Schumpeter Got Innovation Wrong, And Other Myth-Busting Ideas From A Nobel Prize Economist"

I haven't read Phelps's book, but it sound like it provides yet another example of a fundamental economic truth. Two keys to success--maybe the two keys--of an economic system are incentives and information. And theory and much empirical evidence suggests that incentives and information will usually be better in the private sector than in the government. 

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

The comments to this entry are closed.

Powered by TypePad
Member since 07/2003

Shelfari: Book reviews on your book blog