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"Econ 102" with Noah Smith and Erik Torenberg cover image

How We Build More Housing with Brad Hargreaves

"Econ 102" with Noah Smith and Erik Torenberg

NOTE

Builds state capacity requires just doing it

Developing state capacity requires taking action and building things while simultaneously enhancing the ability to do so. A pessimistic view is noted on the current state capacity but emphasizes the importance of not giving up on government efforts to build. The approach involves pushing the government to complete tasks despite challenges, providing necessary resources while demanding accountability, and eventually, after years of persistence, achieving the knowledge and capability to build successfully. Examples from South Korean industrial policy and other successful initiatives highlight the effectiveness of this approach.

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