10min chapter

Conversations with Tyler cover image

Gregory Clark on Social Mobility, Migration, and Assortative Mating (Live at Mercatus)

Conversations with Tyler

CHAPTER

Colonial Impacts on India's Development

This chapter examines the intricate effects of British colonialism on India's economic growth, focusing on limited investments in public welfare and human capital. It contrasts historical industrial potential with actual stagnation, analyzing factors like social networks, workforce skills, and influential individuals' roles in economic progress. Additionally, the chapter critiques the limitations of strict economic theories while acknowledging the complexities of social mobility and the historical context of different nations' development paths.

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