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S5 Ep17: Inequality and creative destruction

VoxTalks Economics

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Innovation and Parental Income Matters

We're innovating on too narrow a front. What i'm really sure about is that we need to get a larger set of innovators. Parental ground matters, because it just takes a huge amount of effort to get into innovation. The right kind of education and the right kind of skills are really the central policy here. And finland's had some success in innovation and social mobility. So i think there's a huge amount to learn. It's for all the good, you know, because we just have this productivity problem that we must get over.

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