Market forces and tech real engines for economies

The world has recently seen quite a few geopolitical and government policy moves making inroads into areas where economic activities are supposed to play the leading role. Such attempts include raising trade tensions and using data protection policies to influence international trade. Policymakers seem to guide economic activities through their political decisions, which appear to go against long-established market rules and norms.

That such attempts will produce the desired results for the "trouble-makers", however, is just wishful thinking.

For example, the Economic Policy Uncertainty Index, developed by Scott R. Baker, Nick Bloom and Steven J. Davis, showed a very volatile movement since 2011, according to the charts published in the November 2016 issue of the Quarterly Journal of Economics. Intuitively, one may assume the global economy would fluctuate in sync with policy changes, or at least reflect some of the policy changes.