Rent-seeking and innovation

Article Abstract:

The most important factors leading to growth and development are innovations and their adoption, innovations are more profitable for the innovator, but socially they are less useful. Both public and private, rent-seeking, play an important role in determining the social usefulness of innovations.

Technological innovations, Technology and civilization, Technology and society

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The open society assess its enemies

Article Abstract:

The answers three questions: what are the determinants of terrorism incidence, whether a terrorist attack affects rate of economic growth, and do democracies suffer more or less in growth terms once they suffer an attack.

United States, Police Protection, Terrorist Control, Security Mgmt-Kidnapping & Terrorism, Influence, Terrorism

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India's pattern of development: what happened, what follows?

Article Abstract:

Pattern of economic development of India is described, based on scale of manufacture of products, diversification of industries, along with emphasis on labor intensity and skill intensity during formulation of policies.

Government expenditures, India, Economic policy, Industrial development, Industrialization, Employee development

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