Public & Private Institutions

    Public and private institutions both have a role to play in innovation by shaping and creating markets. The question is how public organizations should be structured to better accommodate risk-taking and build the capabilities to manage the challenges created by disruption.

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    Leveling the Playing Field From College To Career

    In the United States achieving equal opportunity in postsecondary education is typically described in terms of enrolling more underrepresented groups into the selective colleges. The belief is that if this step is accomplished it will have a fundamental impact on the problem of inequality at the national level. However, what if there are not enough places in selective colleges to accomplish this goal? What if the selective colleges do not have enough capacity to make a significant impact in the problem of serving students from underrepresented groups withdemonstrated high abilities? Read more

    Methodological Problems in Macroeconomics: Curriculum and Computers

    The financial crisis of 2008, and the subsequent worldwide economic depression and continuing dislocation, have made little to no impression on the way macroeconomics is taught at the university level, from Economics 101 through graduate school. It has been “business as usual’, which (it seems to me) means an almost studious avoidance of any attempt to acquire knowledge of how monetary economies actually work. Read more