Economic Progress

Ricardo Hausmann: how to boost public-public coordination

People pass the Bank of England in the City of London January 16, 2014. Bank of England representatives discussed the process of setting foreign exchange benchmarks with senior currency dealers at major investment banks in April 2012, more than a year before regulators launched official probes into alleged rate manipulation, according to a Freedom of Information Request made by Reuters. REUTERS/Luke MacGregor  (BRITAIN - Tags: BUSINESS) - RTX17GJU

The price system is a decentralized information system that reveals people’s willingness to buy or sell. Image: REUTERS/Luke MacGregor

Ricardo Hausmann
Founder and Director, Growth Lab, Harvard University
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