The number of per capita patents taken out by inventors is decreasing, suggesting that ideas have become harder to find.
A metric they use for measuring scientific progress is how innovation is bureaucratically represented, which these god damn geniuses follow to the conclusion conclude alongside the idea that science has
“become bureaucratic, with too many inputs and too much process required to reach success".
Man economists are all fucking stupid and you’ll never convince me otherwise
Edit: Skimmed the paper, the metric of per capita patents had its own claims and was discrete from the source that led to the claim about bureaucracy. It’s still stupid that the paper is at odds with itself.
The theoretical motivation of the paper was actually so dumb. It was all bullshit quotes from entrepreneurs and other economists, not researchers whose jobs revolve around actually creating the innovations that these losers go around parading.
Scientific progress is declining due to bureaucratization of research. Scientific innovations should make ‘zero to one’ breakthroughs, instead making ‘one to many’ improvements to existing innovations (www.livemint.com)