Our readingWhat is a korrent?
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
What Lant Pritchett actually said
- Lant Pritchett 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 7 Sept 2026 · How quotes work · Something wrong? Tell us
Do you hold this korrent?Do you also believe this?
I hold this tooRelated korrents
Shared subject first, then similar wording. They may agree or disagree.