Remove Cost of Capital Remove Innovation Remove Long-term Remove Proposal
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Entrepreneurship Suffers When Well-Paid Jobs Are Plentiful

The Horizons Tracker

A few years ago I wrote about innovation and entrepreneurship in Norway and Qatar. The author believes that while lower costs of capital would certainly help raise the entrepreneurship rate, it would be most beneficial to entrepreneurs with lower skills. It’s not a pessimism shared by the Wharton academic himself.

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Why Europe's Carbon Woes Matter to the Whole World

Harvard Business Review

Here''s a very strange thing: Europe''s decades-long effort to reduce carbon emissions has been thrown into a shambles because utilities and manufacturers are exceeding their carbon-reduction targets. Markets fundamentally don''t work when they are "long" — that is, flooded with things no one wants. That''s right. Exceeding them.

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