Category: Commentary
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Economist Thomas Schelling made an important observation in his Nobel prize talk in 2005 when he said: “The most spectacular event of the past half century is one that did not occur.We have enjoyed sixty years without nuclear weapons exploded in anger.” Thomas Schelling Nobel Prize Talk. This observation is…
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A simple model to think through (for flaws as well as merits): industrialization was a process with efficiency as the core competitive dimension, informatization is a process with learning as the core competitive dimension — in a coarse grained model this would almost correspond to the different dimensions in evolution;…
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It is probably correct to say that there has never been as much pressure to reform the US Supreme Court as right now. President Biden has proposed a commission to report in 6 months on court reform, and today a number of democrats presented a bill that would lead to…
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So, kids, when artists of old released what we called singles – individual hits – they would release a record, and that record would have the hit on one side – called the A-side, but then they would be left with the problem of what to put on the other…
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The FT editorial today deals with Danone and its shift to a “purpose driven company”. The shift has been less than successful and its architect was unceremoniously removed. The editorial then goes on to note that there is a tension here between the Milton Friedman vision of companies as socially…
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The organization and funding of science is a key geopolitical competitive advantage – and badly underrated across most economies. The European Union has failed at organizing tightly around scientific challenges, relying on large flagship programs that fragment into systems for distributing money across member states and the US has lost…
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As we reflect at the end of the day we all know what it feels like to have had a good day. A day that has left us feeling content with our accomplishments and connected to the world, to other people and to ourselves. We also know what it feels…
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We are in for a snowstorm tonight, the reports are saying. There is something about being at the mercy of weather that really is refreshing. I have, over the years, become more and more skeptical about city-living, and have enjoyed being ice-locked on an island in the archipelago and now…
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The way you formulate your problem at least weakly determines your solution space. Let’s take a simple example. In Sweden, we have set a goal to have zero deaths in traffic every year. This is proudly referred to as a zero-vision, and is the overarching narrative around how we think…
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Tesla has been building factories, and building them fast. Whenever we see a process speeding up, our natural inclination is to believe that it has to do with a change in technology – but in a recent interesting analysis professor Lars Stehn (in Swedish) suggests that there is no such…