A 21C Innovation Economy Needs More Digital Public Goods

Category: Business & Economics
Published on Feb 01, 2011

In the formative years of the industrial revolution it quickly became evident that economic progress depended upon substantial investments in public goods. The economy needed a growing supply of educated workers, so the government created public education. The expansion of trading relationships was made possible, in part, because traders could rely on the judicial system to mediate commercial disputes. Meanwhile, America‚Äôs continental network of roadways, railways and power grids helped create the dynamic continent-wide market […]