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David Reich - How One Small Tribe Conquered the World 70,000 Years Ago
Dwarkesh Podcast
Inflation and Population Shifts: The Ripple Effects of Disease
Inflation has historically arisen in response to significant events, leading to increased wages for fixed-income individuals, such as serfs during medieval times, effectively inflating their obligations. Major population shifts have also occurred, exemplified by the replacement of existing populations in Europe by settlers from the eastern steppes during the Bronze Age. Disease has played a pivotal role in these transformations, notably illustrated by the impact of the Justinian plague on the fall of the Roman Empire, which shifted demographics and laid the foundations for modernity. Furthermore, disease had a significant effect on the New World, causing widespread mortality and influencing historical trajectories. These patterns underscore the profound and lasting consequences that both inflationary pressures and pandemics have had on human history, challenging our understanding of early human development.
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