But, in our view, this is neither a necessary nor a useful distinction based as it is on the assumption that instrumental action by rational and forward-looking agents mitigates the role of institutions, rather than explaining what role the institutions play in that process.
The urban futures strand shows that technology has always played an important role in forward-looking visions about the city of the future.
Now, the United States is taking a step back from being a forward-looking leader and ceding that role to China, India and others.
Jon Baker, Scott Wallsten, Carl Shapiro, and Greg Rosston highlighted both reflection on policy debates, including the legacy of the Microsoft case, as well as forward-looking assessments, including the appropriate role for antitrust in an economy increasingly characterized by dominant players in information technology.
For all its mixed-up character and its many grave defects and contradictions, the fact that South Africa is a country at all, and that its forward-looking constitution plays a central role in its life, is, I believe, one of the greatest stories of our times.
Smart institutions differ from traditional or generic institutions in three essential and distinct aspects: their context sensitivity, their forward-looking perspective and the foundational role of information and feedback in their operation.
The credit rating agencies, in principle regulated by the SEC, have done little to strengthen their roles as forward-looking estimators of credit risk.
CUNA and credit unions thank these forward-looking legislators for their leadership roles in this arena, and we urge Congress to act soon to open up more credit to credit-hungry small businesses.
Co-Founder and CEO, The Global Foresight Group; Professor, College of Europe; Member of multiple global advisory and expert committees; Former Senior Director, Head of Strategic Foresight, World Economic Forum Kristel Van der Elst has 17 years of experience in forward-looking strategy and policy advisory roles.
The more forward-looking view is to accept the role of the Web as a mind-expander and wonder not at the bad but at the good it can do us.
