Lunchtime Must-Read: Ricardo Hausmann: Technological Diffusion and Economic Theory

Ricardo Hausmann: Technological Diffusion and Economic Theory: “One idea about which economists agree almost unanimously is that… …huge income difference between rich and poor countries [are] attributable to neither capital nor education, but rather to “technology”… [which] sounds more meaningful than confessing our ignorance, [but] it really is not…. Devices can be put in a … Continue reading Lunchtime Must-Read: Ricardo Hausmann: Technological Diffusion and Economic Theory