Curiosity as an answer for income inequality

Adapted from an article published in The Christian Science Monitor, July 20, 2017.

The more closely economists look at the rise in income inequality, the more they find that one cause may be the rise of another inequality: The least productive firms are falling further behind the most productive firms. The Kmarts of the business world aren’t keeping up with the Googles. And one reason is a widening gap in innovation, creativity, and, more fundamentally, a curiosity to discover and embrace new ideas.

This point was made in a recent study spanning 16 countries by the Paris-based Organization for Economic Cooperation and Development. It found the “productivity gap” between firms in the top 10 percent by productivity and those in the bottom 10 percent rose by about 14 percent from 2001 to 2012.

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