• The Drayton Discourse: John Van Reneen on innovation, productivity, and government intervention

  • Aug 26 2022
  • Length: 26 mins
  • Podcast

The Drayton Discourse: John Van Reneen on innovation, productivity, and government intervention

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  • Summary

  • In this episode, economist Professor John Van Reenen shares his insights on an interesting array of topics including the future of ideas, how to influence sustainable long-term growth, and the balance of innovation and intervention.  He highlights the importance of government policies to create the scientists of the future to tackle problems such as “The Lost Marie-Curie” effect and diminishing marginal returns to productivity. 

    Professor Van Reenen also gives his take on time travel and what innovation looks like 50 years down the road. 

    0:00 Introduction
    3:12 Ideas and Innovation
    12:01 Fall of Labour Share
    20:56 Thought Experiment
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