flâneur

The Jeweller of Mordor - by Josh Muthu

joshuamuthu.substack.com · 1,903 words · saved by 1 readers

How knowledge and tech affect the economy

Complexity economics is a relatively new subfield of econ that examines the diffusion of knowledge across individuals, and how that knowledge allows countries to produce a greater variety of products. I’m trying to learn more about it, and I figured I’d take you guys on the learning journey with me! It has become increasingly easy to move some productive inputs across space and time - we can buy manuals to learn how to fix a car (codified knowledge), and ship a wrench across the globe to actually fix the car (capital/embodied knowledge). But a big bottleneck is that a lot of knowledge is…

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