Ideas tagged with economy

The spontaneous order of social media

Social media is a spontaneous order. Or, rather, various social orders cultivated on social media platforms—patterns of interaction, virtual communities, co-creation and user-generated content—constitute their own spontaneous orders. Social media spontaneous orders emerge and evolve in an orderl...

By Trent MacDonald

Reducing the peer review burden and raising grant success rates by passing a simple law

Pass a law that limits the total dollars that a research organization can request from the federal government to three times the average dollars they received in previous years. This would immediately change the average success rate of grants to one in three; a major improvement from current rat...

By Scott Reed