3 ms·
> it isn't valuable Science is the quintessential example of high-value work with poor value-capture characteristics, and is often used in econ classes as an e
by smallmancontrov 2y ago
> it isn't valuable
Science is the quintessential example of high-value work with poor value-capture characteristics, and is often used in econ classes as an example of where the "captured value = value" approximation breaks down.