Democracy and economic prosperity

Does the form of government condition economic performance? And if so, is democracy superior to an authoritarian rule? We tend to think like this because most developed economies are democratic, but you cannot tell whether they are rich because of, or in spite of, being democratic; or if economic success has helped these societies to … Continued

Government 2.0 and the End of the Shadow Economy

One of the most hotly debated economic issues at present is the seemingly low growth of productivity, despite the accelerated technological progress that is taking place before our eyes. Some attribute it to a measurement error, as productivity statistics fail to fully capture the impact of new technologies. This happens both because production is underestimated … Continued