
El Estado Productivo

Governments are far less systematic—even in the best cases, innovation is piecemeal, ignored in public finance and rarely linked to strategic priorities like solving the care crisis. The UAE remains the only government with a significant (1 per cent) budget allocation for its own R&D. And while some public agencies have embraced collective inte
... See moreGeoff Mulgan • Another World Is Possible: How to Reignite Social and Political Imagination

It should not be forgotten that governments waste resources on a large scale. Wasting resources makes you poor. A dramatic improvement in the efficiency of resource use will arise when revenues historically engrossed by governments come to be controlled instead by persons of genuine talent.