korrents

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Long-run GDP charts hide what matters: technologies are contingent and path dependent, so the same number can describe economies that work in entirely different ways.

Drawn from what Bret Devereaux said

innovation
What this subject means

innovation Where new things come from and how they spread: invention against diffusion, and being near the factory floor.

The map is not the territory

What Bret Devereaux actually said

  1. Bret Devereaux Ancient and military historian specialising in the economy…
    All of which is why simple graphs of things like ‘global historical GDP’ can be a bit deceptive: there’s a lot of particularity beneath the basic statistics of production because technologies are contingent and path dependent.

Added to korrents 7 Sept 2026 · How quotes work · Something wrong? Tell us

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