“the great minds of the Industrial Enlightenment had shown how the useful knowledge they were accumulating could be used to improve, to rationalise, and to innovate. The rest is commentary” - 2025 Nobel Prize winner in economics Joel Mokyr
The burden on government and higher education is to better mankind, and that is best done through innovation that increases economic productivity. This raises living standards for all. It is not a matter of regulation but nudging greater minds to improve living standards. This is what is needed for the EU and for emerging markets. It is necessary for the US and China. Technology, not behavioral restrictions, improves lives. We need to focus more on how to use knowledge to benefit humankind.
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