May 24, 2022
Productivity Crisis

What is capital engineering and why is it unproductive?

Growth-at-any-cost era, spurred on by easy-money for fifteen years, is over. We turned a great and necessary idea of privately funded companies into a productivity-challenged, artificially inflated asset class. Let’s internalize the harmful distortions caused by the pervasive tendency to focus on capital engineering.

John Oommen
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