Highly recommended!
“Knowledge, technology, and growth: Joel Mokyr, Nobel laureate” by Ran Abramitzky and Mauricio Drelichman.
“One core message of this extensive body of research is particularly timely: economic progress is critically dependent on open intellectual inquiry, on the free exchange of ideas, and on a vigorous defence of scientific principles.”
Highly interesting (and potentially controversial) food for thought!
“Factories of Ideas? Big Business and the Golden Age of American Innovation” by Pier Paolo Creanza.
“This paper studies the Great Merger Wave (GMW) of 1895–1904—the largest consolidation event in U.S. history—to identify how Big Business affected American innovation. Between 1880 and 1940, the U.S. experienced a golden age of breakthrough discoveries in chemistry, electronics, and telecommunications that established its technological leadership. Using newly constructed data linking firms, patents, and inventors, I show that consolidation substantially increased innovation. …Overall, the GMW increased breakthroughs by 13% between 1905 and 1940, with the largest gains in science-based fields (30% increase).”
Very valuable!
“Evolving Practices in Public Investment Management“
“Since 2008, the Bank for International Settlements and the World Bank have organised – jointly with cosponsoring central banks – the Public Investors Conference to discuss policy issues, quantitative methods and current challenges for central banks, sovereign wealth funds and public pension plans.”
“The Conference Proceedings is a publication that contains peer-reviewed papers by prominent academics and professionals on topics related to portfolio allocation and risk management for central banks, sovereign wealth funds and public pension plans, including sustainability issues and artificial intelligence developments.”
This book looks thought-provoking (irrespective of whether you agree or disagree with the conclusions)!
“The Great Global Transformation” by Branko Milanovic.
“Drawing on original research, leading economist Branko Milanovic reveals the seismic shifts that are shaping our world. He details the facts: how the rising economic power of Asia is creating a new global ‘middle class’ in the greatest reshuffle of incomes since the Industrial Revolution. He explores our fears: why are we becoming increasingly unhappy, when the world is becoming richer and more equal?”
