A Labor Shortage Could Explain Negative Interest Rates
It seems like there are (almost) unimaginable bottlenecks in technology creation, leadership and creativity. The contrast between thenear unlimited amount of capital available for value creating companies, and the almost universal lack of people who can reliably create those companies, is staggering. Why does school still prepare people for a world of zero sum, mediocre work? There has never been a larger, more diverse capital class, but it seems like people could not be trying harder to avoid being a part of it.