In 2012, Citibank and The Wall Street Journal awarded Medellín, Colombia, the prestigious title of “Innovative City of the Year.” In just a short period of time, Medellín has transformed itself from a violence-ridden, global drug capital to a model cosmopolitan metropolis with an award-winning public transportation system, a growing entrepreneurial ecosystem, and an increasingly attractive environment for foreign investment.
Probably the best take on what’s happening on the right. The illusion that the right was all about free markets and limited government (with family values and national security thrown […]
The latest extraordinary price hike (after Valeant and Martin Shkreli’s Turing) is the 400% price increase in 8 years of EpiPen from Pharma company Mylan. In the same time, it’s […]
Mazzucato argues that government research has been visionary. It not merely reduces risks in the market, but opens technology to entirely new ideas. She cites how government directed the development […]
There are three basic, and fairly benign or at least unavoidable reasons why government tends to grow when societies get richer and more complex. Some simple economics of growing government