Indeed, John Van Reenen, the chair of the chancellor’s council of economic advisers, has previously called for a greater focus on investing in human capital. In one 2021 paper at the London School of Economics, he highlighted the phenomenon of “Lost Einsteins”, the missing geniuses whose potential is being wasted.
CEP Discussion Paper No 1519 (Nov 2018) Who becomes an inventor in America? The importance of exposure to innovation by Alex Bell, Raj Chetty, Xavier Jaravel, Neviana Petkova, John Van Reenen.
Read more at The Observer.