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Entrepreneurship, as reflected in the start-up of new firms, the growth and market exit of existing firms, and the ow of venture capital, has been severely curtailed by the lockdown and social distancing measures taken by governments around the world in the fight against COVID-19. This paper,...
Persistent link: https://www.econbiz.de/10012243470
Education, general health, and reproductive health are key indicators of human development. Investments in these domains can also promote economic growth. This paper argues for the importance of human development related investments based on i) a theoretical economic growth model with poverty...
Persistent link: https://www.econbiz.de/10012169741
Theory predicts that global economic growth will stagnate and even come to an end due to slower and eventually negative growth in population. It has been claimed, however, that Artificial Intelligence (AI) may counter this and even cause an economic growth explosion. In this paper, we critically...
Persistent link: https://www.econbiz.de/10014464111
The Degrowth Movement calls for "degrowth" - a reduction in GDP in advanced economies - to avert an ecological crisis. This paper argues that the Degrowth Movement misses that the West is already in a state resembling degrowth - a Great Stagnation. This state of degrowth and its correlates,...
Persistent link: https://www.econbiz.de/10014286501
This paper discusses four dimensions of the economics of AI that are neglected in business school and university teaching and research. First, students are not being taught that there is no 4th Industrial Revolution; on the contrary, the narrative of the inevitability and wonders of the 4IR is a...
Persistent link: https://www.econbiz.de/10015064440