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William H. Janeway

William H. Janeway

24 commentaries

William H. Janeway is an affiliated lecturer in economics at the University of Cambridge and author of Doing Capitalism in the Innovation Economy (Cambridge University Press, 2018).

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  1. Is Techno-Monopoly Inevitable?
    op_janeway15_AMY OSBORNEAFP via Getty Images_googlecampus Amy Osborne/AFP via Getty Images

    Is Techno-Monopoly Inevitable?

    Apr 5, 2024 William H. Janeway assesses a new theory of “technological market power” and its effects on the modern economy.

  2. The Political Economy of Technology
    op_janeway14_DrAfter123Getty Images_AIsociety DrAfter123/Getty Images

    The Political Economy of Technology

    Aug 25, 2023 William H. Janeway considers the impact of technical advances and political power on socioeconomic outcomes over two centuries.

  3. What to Do About Radical Uncertainty
    op_janeway13_GeorgePetersGetty Images_questionmarkeconomy GeorgePeters/Getty Images

    What to Do About Radical Uncertainty

    Jul 21, 2023 William H. Janeway describes three approaches to managing the unknowable in markets that demand both efficiency and innovation.

  4. William H. Janeway on state-sponsored innovation, greentech, asset bubbles, and more
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    William H. Janeway on state-sponsored innovation, greentech, asset bubbles, and more

    Mar 7, 2023 William H. Janeway proposes a better approach to innovation-boosting state procurement, explains why financial speculation is vital to technological progress, highlights three recent developments that could transform capitalism, and more.

  5. What Drives Innovation?
    op_janeway12_SAUL LOEBAFP via Getty Images_operationwarpspeed Saul Loeb/AFP via Getty Images

    What Drives Innovation?

    Jan 20, 2023 William H. Janeway shows that since the dawn of industrialization, the state has been the prime mover behind technological progress.

  1. rodrik222_Kevin FrayerGetty Images_china solar panel Kevin Frayer/Getty Images
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    Don’t Fret About Green Subsidies

    Dani Rodrik sees no good argument against industrial policies that accelerate growth in decarbonization industries.
  2. gros186_Sean GallupGetty Images_euro Sean Gallup/Getty Images
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    Europe’s Geoeconomic Competitiveness Challenge

    Daniel Gros highlights the security risks raised by the prolonged decline of the EU’s relative economic power.
  3. op_ang1_retrorocketGetty Images_corruption retrorocket/Getty Images
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    How Exceptional Is China’s Crony-Capitalist Boom?

    Yuen Yuen Ang

    While both the American and Chinese Gilded Ages raised material standards of living for hundreds of millions of people, their endemic corruption produced radically unequal and unsustainable growth. Ultimately, both periods offer cautionary tales about unbridled crony capitalism, not models for blind emulation.

     explains how corruption both drove the country's GDP growth and sowed the seeds for its current economic problems.
  4. bp india election Photo by SAJJAD HUSSAIN/AFP via Getty Images
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    Will India’s Election Destroy Its Democracy?

    Since taking power in 2014, Prime Minister Narendra Modi and his ruling Bharatiya Janata Party have stoked Hindu nationalism, hollowed out India’s democracy, and overseen an economy that is probably performing far worse than official figures suggest. And yet Modi and the BJP are genuinely popular, making them likely – though not certain – to emerge victorious when the ongoing parliamentary election concludes in June.

  5. benami213_YEHUDA RAIZNERAFP via Getty Images_israelflag Yehuda Raizner/AFP via Getty Images
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    The Unbearable Lightness of Anti-Zionism

    Shlomo Ben-Ami warns that demonizing all Israelis will only make peace less likely – though that may be the point.
  6. alfredsdottir1_Getty Images_pay gap Getty Images
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    How to Close the Gender Wage Gap

    Lilja Dögg Alfreðsdóttir argues that Iceland’s experience lends further support to Nobel laureate economist Claudia Goldin’s research.
  7. brown107_Jeff J Mitchell - Pool Getty Images_covidvaccine Jeff J. Mitchell/Pool/Getty Images
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    Getting the Pandemic Treaty Across the Finish Line

    Gordon Brown hopes negotiations will conclude this month, and pushes back on a last-minute wave of misinformation.
  8. singer231_Michael M. SantiagoGetty Images_college protests Michael M. Santiago/Getty Images
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    When Is Criticism of Israel Anti-Semitic?

    Peter Singer rejects comparisons of the recent US campus protests to the actions of Nazi student groups in the 1930s.
  9. Project Syndicate
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    Trump’s Plans for the Fed Would Revive 1970s-Style Inflation

    Maurice Obstfeld thinks the presumptive GOP nominee’s policies reflect an outdated understanding of the economy.

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