Post-industrial economics: Studying human action in an age of intangibles

As society completes its transition into the Age of Information, economists are struggling to identify the drivers and develop their predictive models accordingly.
Alas, as businesses continue to grow and evolve more rapidly, and as the corresponding systems continue to increase in complexity, many economists still view individuals and businesses as mostly static and reactionary. Continue Reading…
Related posts:
Deadline: Acton Mini-Grants for Business and Economics Faculty
In the Quest for Globalization, Let’s Not Forget About ‘Internal’ Free Trade
Are slums a sign of human creativity and potential?

Read more at The Acton Institute