The hottest Human Capital Substack posts right now

Economic transformations involve recognizing opportunities, investing, experiencing euphoria, and dealing with crashes, crises, and adjustments.
In the Biden Administration, there is notable tension between departments like Treasury and the Pentagon, hampering collaboration for economic change.
Understanding collective intelligence and distributed cognition is crucial - global economic challenges require more than individual human capabilities.

People perceive local crime as an annoyance but view national crime as a crisis.
Fred Clark presents more eloquent critiques of Alasdair MacIntyre.
Chris Blattman offers insights into why wars occur and how to prevent them.

Investing $7 trillion in AI infrastructure would have significant energy and climate implications, possibly leading to heavy environmental costs.
$7 trillion for AI exceeds the economic resources allocated to critical areas like education or ending world hunger, highlighting potential opportunity costs.
Such a massive financial risk of a $7 trillion project could have severe consequences on the world economy, similar to the impact of the 2007-2008 financial crisis.

Changes in physical capital accumulation were not significant for Europe's growth slowdown.
Variations in human capital growth were critical for Europe's growth slowdown.
A major factor in Europe's growth slowdown was a notable decrease in productivity growth, more pronounced than in the US.

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The slowdown in Europe's growth is influenced by human capital factors like demographics and productivity.
Labor force participation and hours worked contributed to offsetting the decline in growth rates in Europe.
Changes in productivity and aging, alongside labor market dynamics, shaped the economic slowdown in Europe differently than in the US.