We have been trying to solve an economic problem that is not really an economic problem.
For decades the dominant response to slowing growth has followed the same logic. Redistribute resources differently. Reorganise structures. Set a more ambitious target. Find a competitor to outpace. The underlying assumption is always that the system is fundamentally sound, and that better tools, better allocation, or better execution will eventually unlock what we are looking
We have been trying to solve an economic problem that is not really an economic problem. Read More »
