Friday, November 03, 2006

They're Gettin' Loopy at the OECD

Again, another daily perusal through the OECD and I think they're getting bored. So bored they calculated how much countries spend on "knowledge" as a % of GDP.



Knowledge defined as software, R&D, and higher education.

No doubt there is a correlation between higher economic growth and these three items, and how else would you economically measure "knowledge." But it just kind of seems hookie to me.

1 comment:

Anonymous said...

Again, I can't help noticing that France is in the rock bottom.

But they don't like knowledge anyway, they hate capitalism and free markets...