Economic Policy in the Digital Age
Digital Technology is a new general purpose technology. It creates and changes markets at an extremely high speed. It is affecting all areas of life. Does this new industrial revolution mean that our way of doing business is also changing? Does economic policy have to change, beyond industrial policy concepts? The lecture attempts to provide interested listeners with an overview of the extent to which the principles on which our market economy is based are recently being challenged. The focus is on price formation, money, problems of the platform economy and the new challenges for competition policy.