Stéphane Prud'homme
@stephaneprudhomme.com
Even though it's a real account, I won't post that much here, please go to @stepru.com, my go-to handle.
Je ne vais pas poster beaucoup, svp allez à @stepru.com.
Je ne vais pas poster beaucoup, svp allez à @stepru.com.
Reposted by Stéphane Prud'homme
War on drugs? Coming from Mr. Drug addict.
October 13, 2025 at 4:14 PM
War on drugs? Coming from Mr. Drug addict.
Reposted by Stéphane Prud'homme
In their influential 1992 paper, Aghion and Howitt demonstrated how new technologies and ideas not only boost productivity but also disrupt existing markets, displacing older firms and methods in the process.
October 13, 2025 at 5:27 PM
In their influential 1992 paper, Aghion and Howitt demonstrated how new technologies and ideas not only boost productivity but also disrupt existing markets, displacing older firms and methods in the process.
Reposted by Stéphane Prud'homme
“When a new and better product enters the market, the companies selling the older products lose out,” the Nobel announcement explained. “The innovation represents something new and is thus creative. However, it is also destructive, as the company whose technology becomes passé is outcompeted.”
October 13, 2025 at 5:27 PM
“When a new and better product enters the market, the companies selling the older products lose out,” the Nobel announcement explained. “The innovation represents something new and is thus creative. However, it is also destructive, as the company whose technology becomes passé is outcompeted.”
Reposted by Stéphane Prud'homme
Their models provided a new foundation for understanding sustained economic growth, showing how innovation must be nurtured by competitive markets and protected by institutions that allow for dynamism and change.
October 13, 2025 at 5:27 PM
Their models provided a new foundation for understanding sustained economic growth, showing how innovation must be nurtured by competitive markets and protected by institutions that allow for dynamism and change.