Demographics and the Governance of Choice
Economics is the science of choice. Politics is the science of expressing those choices. The degree of trust in markets to allocate resources largely determines where a country resides on the political spectrum. Little faith in markets veers towards state control of resources as in communism. In contrast, a high degree of trust in markets lurches towards highly competitive markets with little governance. As the last two hundred years have shown, the extremes of both positions
10 for 20: Themes for the Decade
Demographic destiny awaits as the marvel of the Millennial’s innovations transform the economy and the Boomers burden social programs. The governance of choice will change the definition of privacy, how to build trust, and how we create. The socialization of data science will transform how we entertain ourselves, how transportation as a service evolves, and how technology becomes intensely personal. The environmental renaissance will alter how we generate, conserve, and utili