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Innovation Explains All Prosperity
For the last 50 years, it's been to silicon valley in california. And before that, it was victorian britain. At some point it ws y inchin grease and china. Why does it seem to happen only in one place at a time? This bush fire that breaks out for a number of decades in one place and then breaks out somewhere else. It really baffles me, actually, because it's not immediately obvious what's going on here.