Our readingWhat is a korrent?
Innovation that answers a policy-made price rather than real scarcity leaves the world no better off, however good the science inside it.
Drawn from what Lant Pritchett said
What these subjects mean
government What states are for and what they are worse at than markets and networks: legitimacy, moral hazard, and who may be entrusted with power.
innovation Where new things come from and how they spread: invention against diffusion, and being near the factory floor.