Creativity Builds Healthy Economies


Creativity is an essential component of a healthy economy, and Western nations are doing a terrible job of fostering intellectual creativity. Writers, artists, and thinkers are underpaid, as developed economies have given priority to a corporate model of shareholders and profits rather than innovation. Over at the New York Review of Books, Edmund S. Phelps explains that jumpstarting the stagnant economies of the West must include the artistic class:

Widespread flourishing in a nation requires an economy energized by its own homegrown innovation from the grassroots on up. For such innovation a nation must possess the dynamism to imagine and create the new—economic freedoms are not sufficient. And dynamism needs to be nourished with strong human values.

Ian MacAllen's fiction has appeared in 45th Parallel Magazine, Little Fiction, Vol 1. Brooklyn, Joyland Magazine, and elsewhere and nonfiction has appeared in Chicago Review of Books, The Negatives, Electric Literature, Fiction Advocate, and elsewhere. He is the Deputy Editor of The Rumpus, holds an MA in English from Rutgers University, tweets @IanMacAllen and is online at More from this author →