On the map

At the centre Economic development happened once in each country, which is why the big theories of why nations get rich cannot be tested. Holds Noah Smith Read this korrent →

• Similar wording History does not repeat itself, but patterns of human behaviour do, and what always follows an economic crisis is political upheaval. Holds JHJames Holland
• Similar wording Because research is concentrated in rich countries, both what we know and what gets made are skewed away from the diseases of poor ones. Holds JTJacob Trefethen
• Similar wording Great ideas are not all taken: many multi-billion-dollar businesses were buildable years earlier and nobody built them for no reason other than that nobody did. Holds BSBlake Scholl
• Similar wording Only a handful of countries can do high technology at all, because industrial capability is path-dependent and the initial conditions are very hard to get right. Holds DWDan Wang
• Similar wording Market history teaches why things behave as they do, never what happens next, because the details never repeat. Holds MHMorgan Housel
• Similar wording Comparing a poor country’s GDP with South Korea’s at independence is a shallow argument that hides the differences that actually decided the outcome. No longer holds OKOliver Kim
• Similar wording Any theory of the fall in birth rates must explain both the worldwide collapse and the differences between countries, and most theories explain only one. Holds AEAlice Evans
• Similar wording What decides a country's fortunes is not owning the leading sector but using the leading technology to create its own comparative advantage. Holds SNSatya Nadella