Misallocation of (human) capital

Wasting a generation of clicks optimization

Boosting misallocation of capital

Misallocation of capital is a catchphrase describing what happens when investments are poured into the wrong activity. To some extent, this is unavoidable, as forecasting the best use of capital is a tricky business. Predicting the future is hard, except after the fact of course.

This by the way is why a healthy economy …