Attention Economy


Sunday, June 23, 2024

Classical Liberalisim and Capitalism

Markets for the People by Glenn Hubbard
Rapid globalization and technological change have left too many Americans behind. But the answer is neither industrial policy nor a purely laissez-faire approach to the economy. By reviving classical-liberal ideas about competition and opportunity in the face of change, we can promote an alternative economics that retains the enormous benefits of markets and openness while putting people first.
 
Related: My take from 2020 -
To make capitalism more attractive, policymakers must emphasize pro-market (not pro-business) policies