Mark Koyama on *How the World Became Rich: The Historical Origins of Economic Growth*
Macro Musings with David Beckworth
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The Historical Origins of Economic Growth
This chapter explores the historical origins of economic growth and the remarkable progress made in terms of poverty reduction and material well-being. It discusses various theories, including the role of geography and the Eurasian example, in understanding why the world became rich. The chapter also highlights the importance of technology, disease burden, and market size in shaping economic growth.
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