Should-Read: “Harder”… I am not sure this is the way to look at it. Yes, it is becoming harder in the level-log specification they adopt. But why should that be the benchmark? And it is certainly true that innovations have less of an effect on human “utility” because we are so much richer. But why … Continue reading Should-Read: Nicholas Bloom, Charles I. Jones, John Van Reenen, and Michael Webb: Are Ideas Getting Harder to Find?