by
Ryan Avent
[...] As the information-processing capacity of firms has grown in importance--as culture has come to matter more--those working in successful firms have come to enjoy a critical advantage over those working elsewhere.
I find it baffling that he attributes it to "culture". I mean, it's not necessarily wrong (depending on how vaguely you define "culture") but it does feel very misleading. Is IP law "culture"? Is having access to cheap and pliable labour to do the shit work your high-skilled employees don't want to do "culture"?