Alex Tabarrok - Unpacking the Decline of U.S. Economic Dynamism
"World of DaaS"
Migration of Talent: From Physics to Finance
This chapter examines the shift of skilled professionals from physics and engineering to the finance sector since the 1980s, driven by financial incentives and diminishing government funding in traditional fields. It discusses the potential impact of this trend on innovation while also contemplating the recent surge in startups post-pandemic and its sustainability. The conversation raises critical concerns regarding the relationship between government initiatives, economic dynamism, and societal attitudes towards risk-taking and ambition in the U.S.
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