Bart van Ark

An economy doesn’t operate by market forces alone—it’s dependent on actions of business and consumers and government. There is a clear role for government in creating an environment in which business gets new opportunities. Yes, government should get out of spaces where it doesn’t have to be and let business do its thing. But government needs to be where there are so-called external effects, which … [ Read more ]

Bart van Ark

Since the Industrial Revolution, creators of technology have always destroyed jobs. New technologies often substitute for labor, which in advanced societies becomes more expensive. So the fact that today’s technology producers generate few jobs is not surprising. What’s important is that the technology gets diffused and used in the rest of the business sector, that it gets invested and creates new business activities, new processes, … [ Read more ]