Sunday, November 17, 2013

'The New York Times' Is Dying

Celebrating brain drain from the New York Times at Pacific Standard magazine.

Theme: Human capital controls and migration.

Subject Article: "Does anyone still work at the ‘New York Times’?"

Other Links: 1. "Fit to sprint: Top talent exits The New York Times."
2. "Editor exodus continues at NYT."
3. "New York as a Gigantic Refinery of the Nation’s Human Capital."
4. "Esquire: Where does the money go?"
5. "In Praise of Brain Drain: Want to help the developing world? Hire away its best minds."
6. "New Canadian teachers head abroad amid tight job market."

Postscript: Assertion:

Britain has a brain drain problem: it's one of the two countries whose inventors are keenest to leave home, according to a study for WIPO, the World Intellectual Property Organisation.

The :"journalist" continues:

WIPO is interested because of the negative effect on emerging countries of seeing their cleverest people emigrate. Africa and the Caribbean suffer the worst, with skilled scientific and technical graduates seeking more lucrative work in more mature economies.

Emphasis added. From the actual WIPO report:

The international mobility of skilled workers and its economic implications have emerged as important development topics. The project on intellectual property (IP) and brain drain seeks to generate new insights into this topic by exploring the potential of patent data to cast light on a specific category of highly skilled migrants – namely inventors. In particular, by exploiting information on inventor nationality and residence in Patent Cooperation Treaty (PCT) applications, it maps the migration of scientists and engineers, thereby establishing a partial geography of high-skilled migration. The present document describes in detail the mobility patterns of inventors over the 1991-2010 period. The underlying analysis is entirely descriptive and, by itself, does not offer evidence on the causes and consequences of skilled migration.

Emphasis added. Upon clicking through to read the report, I expected to find brain drain hysteria. The clamor for a more effective intellectual property regime is the model for concern about brain drain. Talent is the intellectual property of businesses and places. If we do not protect this intellectual property for businesses and places, then they won't invest in talent. To WIPO's credit, it stays above the controversy. The journalist, on the other hand, is promoting a specific agenda.

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