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William H. Janeway

William H. Janeway

26 commentaries

William H. Janeway is a distinguished affiliated professor 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. False Economies
    op_janeway17_Natalya KosarevichGetty Images_moneyhandslightbulb Natalya Kosarevich/Getty Images

    False Economies

    Jan 17, 2025 William H. Janeway highlights the high cost of the single-minded focus on efficiency that has come to dominate the discipline.

  2. The Rise of Mesoeconomics
    op_janeway16_SAUL LOEBAFP via Getty Images_bidenchips Saul Loeb/AFP via Getty Images

    The Rise of Mesoeconomics

    May 17, 2024 William H. Janeway explains how a long-neglected field of economic study can be applied to today's most pressing policy challenges.

  3. 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.

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

    The Political Economy of Technology

    Aug 25, 2023 William H. Janeway reviews the 2024 Nobel laureate economists Daron Acemoglu and Simon Johnson's recent work on innovation and economic development.

  5. 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.

  1. toni4_Dominika ZarzyckaSOPA ImagesLightRocket via Getty Images_cop30 Dominika Zarzycka/SOPA Images/LightRocket via Getty Images
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    How to Make COP30 a Climate Turning Point

    Ana Toni sees the main task in Belém, Brazil, as accelerating the implementation of existing agreements.
  2. roach174_Christopher FurlongGetty Images_trump Christopher Furlong/Getty Images
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    Trump’s Trade Scam

    Stephen S. Roach points out that the new “External Revenue Service” would target domestic importers, not foreign producers.
  3. mackintosh8_Murat TanerGettyImages_fed_building Murat Taner/Getty Images
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    The Fed Is Running Scared of Trump

    Stuart P.M. Mackintosh observes that political pressure is already undermining independent, data-driven decision-making.
  4. buchholz22_Kayla BartkowskiGettyImages_tiktok_ban Kayla Bartkowski/Getty Images
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    Beware the TikTokalypse

    Todd G. Buchholz thinks calls to reverse the app’s ban or forced sale are based on a misunderstanding of its security risks.
  5. slaughter108_Iranian PresidencyAnadolu via Getty Images_BRICS Iranian Presidency/Anadolu via Getty Images
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    Middle Powers and the Art of the Deal

    Anne-Marie Slaughter foresees the world under Donald Trump becoming like a bazaar, to the benefit of multi-aligned countries.
  6. op_bivens1_JIM WATSONAFP via Getty Images_bidenworkers Jim Watson/AFP via Getty Images
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    America’s Workers Are About to Be Forgotten Again

    Josh Bivens & Heidi Shierholz

    Whatever his failings, Joe Biden did more for the typical American working family than any other president in at least a generation. Tragically, Americans who remain angry about chronic economic injustices will soon realize that the situation can get much worse.

     contrast the Biden administration's pro-worker policies with what Donald Trump is likely to do.
  7. ghosh84_NurPhotoGettyImages_wind_power_grid NurPhoto/Getty Images
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    Decommodify Electricity

    Jayati Ghosh shows why the market cannot mobilize the clean-energy investments needed to accelerate the green transition.
  8. moyo31_VCGVCG via Getty Images_semiconductors VCG via Getty Images
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    Three Reasons Why AI’s Momentum Could Stall in 2025

    Dambisa Moyo

    While artificial intelligence has the potential to drive global growth and boost productivity, the industry is grappling with mounting challenges like soaring development costs and energy requirements. Meanwhile, investors are questioning whether AI investments can deliver meaningful returns.

     identifies three negative trends that could stifle innovation and slow the pace of technological progress.
  9. arezki20_Miguel CandelaSOPA ImagesLightRocket via Getty Images_indiamanufacturing Miguel Candela/SOPA Images/LightRocket via Getty Images
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    Solving India’s Industrialization Puzzle

    Rabah Arezki & Partha Sen ask why, unlike Bangladesh and Vietnam, manufacturing has not benefited from rising labor costs in China.

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