Yap: People who have a higher income do not think more like economists, but people who either have experienced or expect higher income growth do. So there is that fact in my mind. And then there is also this big literature on on non convergence. Yap: Good ideas cause good policy, which is almost a tatlogy and good policy causes good growth. The last few years as cutting against my model, just because it seems like people are getting very angry when it's hard to find what the supposed cause of it is.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode