When drastic disruptions bring new political leaders, policymakers respond with major changes. We’re living in such a time, even if it’s not clear how much a pandemic, rampant inflation, international ...
In the late 1990s-early-2000s timeframe, the term “creative destruction” came into vogue, as digital-native businesses swept away cobwebs in their respective markets, spurring an ensuing wave of ...
This year’s Nobel Prize in Economic Sciences was awarded to three individuals who researched economic growth through creative destruction: Joel Mokyr, 79 years old, Dutch, a professor at Northwestern ...