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The world economy is flat for capital, goods and ideas, and has a legal cliff at the border for people.
Drawn from what Lant Pritchett said
A private bookmark. Not a position, and never counted.
What Lant Pritchett actually said
Word for word, with the source under each one. They did not write this page.
Development economist
This is not because there are not people who would drive trucks for Amazon in the world, and not because “natural” scientific progress has made machines that drive trucks easy and cheap, but because in a global economy which is “flat” for capital, information, and goods, there is a legal “cliff at the border” for labor, as prices don’t reflect scarcity.
Added to korrents 2 Mar 2023 · How quotes work · Something wrong? Tell us
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