The Best Investment Writing Volume 5: Andrew Patterson, Vanguard - The Idea Multiplier: An acceleration in innovation is coming
The Meb Faber Show - Better Investing
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How to Calculate the Idea Diffusion Index
The idea diffusion metric, which we collected for 14 major economies, measures this sharing. The variable is a proxy for the degree to which a country uses ideas originating in other countries. This process of idea diffusion has a multiplier effect. Both the creator and the user of knowledge benefit as they can flow freely across borders. And this has real benefits for long term productivity and growth.
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