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Debunking the free market miracle: how industrial policy enabled Chile's export diversification


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The idea of Chile as a “free market miracle” is one of the most powerful myths in the recent history of economic development, but Chile’s export diversification was really the result of carefully crafted government interventions, writes
 
Amir Lebdioui (LSE Latin America and Caribbean Centre).
Assessing industrial policies in Chile remains a contentious and divisive topic. Chile has long been held up as an almost textbook example of the success of “letting the market do its work”, as there was a broad agreement among mainstream economists that Chile had largely succeeded in promoting strong and stable growth because it had embraced free market policies. ....

United States , Chicago School , South Australia , Miguel Ahumada , Gabriel Palma , Andres Solimano , Plaza Baquedano , Ricardo Ffrench Davis , Nicolas Grau , Claudio Bravo Ortega , Chanonry Shutterstock , Amir Lebdioui , Manuel Agos , Milton Friedman , Caribbean Centre , Central Bank , Latin America , Diversification Index , Latin American , Carlos Figueroa , East Asian Miracle , ஒன்றுபட்டது மாநிலங்களில் , சிகாகோ பள்ளி , தெற்கு ஆஸ்திரேலியா , மிகுவல் அஹுமதா , கேப்ரியல் பால்மா ,

China: The Defining Moment

China: The Defining Moment
chinafile.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinafile.com Daily Mail and Mail on Sunday newspapers.

United States , Wang Dan , Hsin Pei Shih , United Kingdom , Hong Kong , Republic Of , Republic Of China , Taiwan General , West Point , Great Wall , China General , Krung Thep Mahanakhon , World Bank , District Of Columbia , Tiananmen Square , Deng Xiaoping , Pierre Trudeau , Robin Munro , Warren Christopher , Sun Sanbao , Jiang Zemin , Wei Jingsheng , Jan Wong , David Levine , Wang Xizhe , Suu Kyi ,

Artificial Intelligence Could Mean Large Increases in Prosperity—But Only for a Privileged Few


Yves here. See, your intuition about artificial intelligence has been confirmed! But how could it not have been, at least by someone independent? First “artificial intelligence” means getting rid of humans. We live in a neoliberal system, after all! We’re seeing it already in knowledge businesses like the law, where a lot of what used to be yeoman work for young attorneys to learn their trade is now performed by software. Second, the people hyping its benefits have been Silicon Valley members or adjacent. Rather a big tell, don’t you think?
By Anton Korinek, Associate Professor of Economics, Darden School of Business of the University of Virginia and Joe Stiglitz, Professor of Economics, Columbia University. Originally published at the Institute for New Economic Thinking website ....

United States , Anton Korinek , Joe Stiglitz , Institute For New Economic , Strategies For Economic Development , Columbia University , Silicon Valley , Associate Professor , Darden School , New Economic Thinking , Economic Development , Artificial Intelligence , Industrial Revolution , East Asian Miracle , Artificial Intelligence Revolution , United States Canada Mexico , ஒன்றுபட்டது மாநிலங்களில் , அன்டன் கோரினெக் , நிறுவனம் க்கு புதியது பொருளாதார , உத்திகள் க்கு பொருளாதார வளர்ச்சி , கொலம்பியா பல்கலைக்கழகம் , சிலிக்கான் பள்ளத்தாக்கு , இணை ப்ரொஃபெஸர் , டார்டேன் பள்ளி , புதியது பொருளாதார சிந்தனை , பொருளாதார வளர்ச்சி ,