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The Journey of Humanity, with Oded Galor

Intelligence Squared

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Economic Divergence and Cultural Impact

This chapter explores the historical trade dynamics between England and India, highlighting how India's focus on raw materials stunted its educational and economic growth compared to England's industrial advancement. It examines the interplay of geographical endowments, cultural traits, and institutional variations in shaping divergent economic trajectories, which contribute to global wealth inequality. The discussion emphasizes the need for tailored policies that address these disparities, particularly through fostering long-term orientation and educational reforms in less developed societies.

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