Thanks a lot for all these comments. My point in writing this article was not to discuss how best to regulate taxi services and how Uber should be accommodated, if at all. All I wanted to say is that very often in Europe, as opposed to the US, regulatory restrictions protect incumbents without even an indirect reference to the general interest objectives these restrictions are meant to achieve. As a result, any entry that is perceived to eliminate some rents is prohibited, completely stopping innovation in many sectors of the economy. Innovative entrepreneurs exist in Europe as well. Let them start an activity when entry does not immediately affect any general interest. Adapt regulation to new technologies instead of blocking any technological development.
Japan’s next prime minister will have more than enough time in office to introduce and implement an economic policy agenda of his choice. But while he has called for a move away from “neoliberalism,” it remains to be seen how far he will go in pursuing a new vision of capitalism.
considers the knowns and unknowns of the new prime minister’s economic-policy agenda.
At the group’s upcoming meeting in Rome, many member governments will press for more ambitious action to address climate change. But these governments must also be prepared to call out the climate laggards, starting with the United States.
lists six imperatives that should guide policymakers’ efforts to achieve net-zero emissions by mid-century.
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