This paper develops a method for interpreting growth accounting studies in terms of the neoclassical growth model. In particular it shows that the growth accounting contribution of capital reflects the distance of the economy from its steady state income level. The method is applied to studies...

Human capital is the most important factor of production in today's economies - and education is an investment that generates higher incomes in future. The growth stars of the coming years identified in our introductory study base their success on major gains in human capital. The success...

Recent growth accounting studies of Hong Kong, Singapore, Taiwan and South Korea have found that the Solow residuals in these economies were relatively small. Given the high capital contributions, these results are often interpreted as evidence that factor accumulation, savings and investment...

Recent growth accounting studies of Hong Kong, Singapore, Taiwan and South Korea have found that the Solow residuals in these economies were relatively small. Given the high capital contributions, these results are often interpreted as evidence that factor accumulation, savings and investment...

Robots, artificial intelligence and automation are going to fundamentally change the way we work, play and live in the 21st Century. Or will they? In this provocative new book, Krook questions the dominant ideology that automation and A.I. will make our lives easier and give us more freedom than...

The future Organisational Design concept for the British Army's Royal Signals as it transforms into a force ready to fight the Future War.As the nature of warfare, conflict and enemies changes, so too are the needs of the military commanders. So who/what is going to supply the modern Information...

This study explores the current state and dynamics of the global Indigenous data sovereignty movement—the movement pressing for Indigenous peoples to have full control over the collection and governance of data relating to their lived realities. The article outlines the movement’s place...

This paper, adapted from a presentation at the Center on Capitalism and Society in November 2021, is in three parts. The first notes the demands being made by various groups of actors in the economy. The second, recalling the principles of Frank Ramsey on the optimum national saving and John...

This piece investigates if and how principles of data trusts might apply to “Decentralised Autonomous Organisations” (DAOs) as a data governance structure for digital data trusts. In data trusts, a legal entity is appointed as the trustee to act on behalf of the contributors and...