Crazy. Crazy. Crazy. Obvious.

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That's Harvard Professor Lant Pritchett in the Atlantic describing the process it takes to get new game-changing ideas adopted by the mainstream. In this case, he's talking about the adoption of a global guest-worker program that would increase the labor supply in rich countries by three percent by handing out temporary visas to workers from poor countries.

I think it's a great idea, but the important question is which stage of "Crazy" we are at. Before the financial crisis, I might have said we're at the middle "Crazy", but unfortunately these things don't work in a linear fashion. We just might be back to "Crazy" number one. 


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Ryan Hahn

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