Rethinking Government's Role
Alex Tabarrok discusses the need to move away from the warfare welfare state and towards a more innovative perspective in government's role. He highlights the dominance of warfare and welfare spending in the United States and emphasizes the lack of focus on innovation. Using medical care as an example, he argues that while spending more at any given point may not make a significant difference, medical research has the potential to bring about substantial improvements and benefits.In this clip
From this podcast
EconTalk
Alex Tabarrok on Innovation
Related Questions