In an opinion article published in the Financial Times last week, Andy Haldane, former Chief Economist at the Bank of England, explores the role of disruptors in driving innovation and explains why we may need "unreasonable, but benevolent," leadership to rekindle economic dynamism.
"Economic dynamism can be measured along a number of dimensions, including the number of firms entering and exiting a market, the number of workers being hired and fired and the pace and scale of public service reform," Haldane writes. "Research has shown these measures help determine the intensity of innovation and so are good leading indicators of productivity and economic growth."
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