Society, Politics & Law
Is public spending a drain on the economy or the mark of a civilised society?
...Open University economics professor Mariana Mazzucato (2013) suggests that most of the technology in smart phones started, not with private business, but with the government (mainly through research for the defence industry). The private sector has a role to play in innovation, but often takes a short-term view, focusing on a quick return to shareholders, and will not...