"state intervention drives technological innovation"

[J-William]

I don't think there's much to say about this article... It's just pure cotton candy for lefties to rot their brains.

but if you need a laugh.

 

 

From Concorde to the iPhone, state intervention drives technological innovation

If you wanted to radically alter the economy, making a country such as Britain as dynamic as China or Brazil, what would the state have to do? Intervene, obviously, but how?

That has become a hard question to answer since the onset of free-market economics. Much of the old apparatus of state control has been dismantled. Plus, the political culture in which planners, engineers and technical innovators inhabited the same offices has been shattered.

 

Yup, he thinks that Brazil has a dynamic economy and that state control has been dismantled... There isn't much more to say about that 

 

[PatrickC]

Ha, it had to be the Guardian and it had to be Paul Mason that is to innovation as Laci Green is a sexpert..

[Slavik]

Dynamic - characterized by constant change, activity, or progress. Well sure, if all you are concerned with making something dynamic in the way I previously defined.  The question is, is it efficient?  Is it advancing for the betterment of people?  Looking at china's "ghost cities" I have trouble advocating for such "dynamic economy" which wastes enormous resources and creates shortages as well as pollution.  

[jacbot]

The guy is an intellectual on the state's gravy train,..., bought and sold....mmm prostitution is legal afterall.

[cab21]

so what we need for innovation is the nazi party or a america that acted like the nazi party?

[Infinite Limit]

The state drives innovation like religion drives morality: into the ground.

[Bortasz]

What government have to do to make country economy growth? going on the diet. Limiting bureaucracy. and making the law simple so people without years of study can understand it. After that the politician must do the hardest thing. Do nothing. 

[jacbot]

What government have to do to make country economy growth? going on the diet. Limiting bureaucracy. and making the law simple so people without years of study can understand it. After that the politician must do the hardest thing. Do nothing. 

 

 

Sounds like Singapore to me.

[Jer]

Is it saying people innovate to get around regulations and crediting the regulation for stimulating this activity?

 

That would be like rapists claiming credit for stimulating the pepper spray market.

 

Plus it's the broken window fallacy.