The Dissenter cover image

#802 Jared Rubin - How the World Became Rich: The Historical Origins of Economic Growth

The Dissenter

00:00

The Importance of Autocracy in Economic Growth

China is probably the oldest nation in the world at its huge and places like India and the Middle East, for example. Why they did not achieve a sustained economic growth first? Right. I mean, because they had many of those factors we talked about throughout the interview were there. And one thing that we do emphasize here that has a lot of explanatory power on what, the why not China case is it was autocratic. It really does allow a large amount of discretion that ends up being a bad thing for economic growth. We also have to have an explanation for why autocratic power persisted in say China and the Mideast.

Play episode from 01:05:02
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app