Entrepreneurship and innovation are at the core of development. When we first put these concepts in the Framework of Economic Growth (FEG) in the Planning Commission, people were surprised. Given the preoccupation with fiscal arithmetic and ‘theories of a bygone era’ most people thought economics was all about deficits, and growth was about development projects and aid.
Phil Auerswald a professor of Economics at George Mason University helped with the FEG preparing both a background paper as well as a documentary on entrepreneurship. Since then Phil has written 2 books. The first “The Coming Prosperity” is about how entrepreneurship across the globe could lead to huge gains for the global population.
His second book “The Code Economy” is a human history as seen through the lens of technology or what is at the back of all technology—recipes or code.
Here we discuss
- Phil’s involvement in Pakistan
- What entrepreneurship is? And what policies can nurture is?
- What code and technology is? What lessons for policy can we derive.
Listen to this and let us reinvigorate research and debate into change.
Listen to this fascinating discussion. There is much to learn and research here.
You can also look at my book “Looking Back: How Pakistan Became an Asian Tiger in 2050” now available in hard copy in Pakistan. Soft copy here.
Listen and learn and write some papers on this subject. Don’t forget to cite Soch Bichar
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