Government-sponsored venture capital initiatives tend to underperform compared to initiatives funded by the private sector.
innovation
By reducing the rewards of investment and entrepreneurship, governments in Canada have discouraged the very activity they profess to encourage.
The federal budget reveals the wish lists of government departments.
The federal government is not properly measuring the effectiveness of 90 per cent of its spending on innovation and skills training.
Carefully thinking out regulation is a lot easier to do after the fact.
Regulations are difficult to remove once implemented, as they create groups in society with vested interests in preserving regulations
Today, with the comfort and leisure of modern open markets, we can scarcely imagine the back-breaking work of yore.
Is anyone really sorry that the job of door-opener on subways has been made technologically obsolete?
Some countries have high domestic levels of innovation but unequal outcomes while others have lower domestic levels of innovation but more egalitarian outcomes.