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Submitted by Paul Atherton on

Harry,

good post - got me thinking of something Paul Romer wrote recently, on how the biggest advance of his 1990 paper was separating out human capital and knowledge for growth theory (with human capital leading to knowledge and vice-versa). This is implicit in your post, but you could expand on it a bit more. Any ideas on how policy makers set it up to maximise knowledge not private capital?

Paul