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The rise of America's intangible economy
- grafmax 1y agohttps://archive.is/t1On8 https://archive.is/t1On8
- robocat 1y ago> intangibles also fuel a winner-takes-all dynamic > WIPO finds that intangible assets make up 90 per cent of the total enterprise value of the 15 largest American companies > the top 10 stocks account for 40 per cent of the S&P 500’s market capitalisation and 33 per cent of its profits Interesting that intangibles can be measured for businesses - it is so much harder to do for people. I like the food for thought status paper at the end - asking if you'd rather (A) have your income actually increase versus (B) would you rather be perceived by your peers as having your income increase? https://www.nber.org/system/files/working_papers/w34094/w34094.pdf https://www.nber.org/system/files/working_papers/w34094/w340...
- euroderf 1y agoBubble fodder.