Understanding and Maximizing America’s Evolutionary Economy

Thursday, October 2, 2014 - 12:00 PM to 1:30 PM
Information Technology and Innovation Foundation
1101 K Street, NW 610A
Washington, DC 20005
Add to Calendar02-10-2014 12:00:0002-10-2014 13:30:0015Understanding and Maximizing America’s Evolutionary EconomyDD/MM/YYYY

In the conventional view, the U.S. economy is a static entity, changing principally only in size (growing in normal times and contracting during recessions). But in reality, our economy is a constantly evolving, complex ecosystem. The U.S. economy of 2014 is different, not just larger, than the economy of 2013. Understanding that we are dealing with an evolutionary rather than a static economy has significant implications for the conceptualization of both economics and economic policy.

ITIF President Robert Atkinson will present the findings from a new report that contrasts an evolutionary economic view with conventional economics, analyzes the three main sources of U.S. economic evolutionary change, and presents eight key principles for an evolutionary economics-inspired economic policy.

Read the book online.

The event is free, open to the public and complies with ethics rulesA live webcast will be available on this page.

Panelists: 
Robert D. Atkinson
President
Information Technology and Innovation Foundation
Presenter
Eric Beinhocker
Executive Director
The Institute for New Economic Thinking, Oxford
Respondent
Michael Lind
Policy Director
New America Foundation
Respondent
Richard R. Nelson
Professor of Economics
Columbia University
Respondent