Amid a flood of AI news Monday, Anthropic board member Reed Hastings expressed his view that artificial intelligence will ...
Creative destruction in its laissez faire formulation stands for the proposition that government intervention in markets is not necessary because no monopoly position lasts forever. A monopoly ...
I’m not sure if this is a classic bubble story. I keep coming back to Schumpeter and creative destruction to make sense of AI’s disruption. Some business models may be more fragile than we think, and ...
This book review is a web exclusive for the Spring 2025 issue of The Independent Review. As the world enters what will surely prove to be the Age of AI, understanding what the economist Joseph ...
Chronicling the Seattle and Pacific Northwest startup scene. SEE MORE by Kurt Schlosser on Jun 30, 2025 at 10:12 am June 30, 2025 at 1:16 pm A new cohort of early stage companies recently graduated ...
Dear readers, When the Royal Swedish Academy of Sciences awarded last year’s prize in economics to Joel Mokyr, Philippe Aghion and Peter Howitt, it ...
With the right institutions, creative destruction can generate not only faster growth, but sustained and inclusive growth. That is the promise — and the policy challenge — of the AI revolution. The ...
During a speech at Emory, Nobel laureate economist Peter Howitt (left) urged audiences not to panic about artificial intelligence, framing AI through historical “creative destruction” that disrupts ...
The 2025 laureates didn’t just study creative destruction; they completed a century-long project to drain Marx’s explosive critique of its revolutionary content, repackaging systemic violence as a ...
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