Technology

    The paradox of innovation is that it is both essential to businesses' survival and carries huge risks that can destroy companies. The Institute studies how to consider the tradeoff between innovation and risk in light of broader social goals that could be achieved through innovation.

    Narrow by:

    Narrow results by…

    Innovative Enterprise or Sweatshop Economics? In Search of Foundations of Economic Analysis

    By integrating the history of industrial development in Britain and the United States with the ideas of leading economic thinkers, this essay demonstrates the absurdity of perfect competition as the ideal of economic efficiency. Read more