Can a Nation Plunder Its Way to Wealth (with Noah Smith)
Listen now
Description
Did nations get rich on the backs of other nations? Did the West get rich from imperialism? Noah Smith says no. But why not? If you can steal stuff, isn't that better than having to make it yourself? Listen as Noah Smith and EconTalk's Russ Roberts discuss the impact of imperialism and industrialization on growth and wealth. Smith argues that understanding plunder and where wealth comes from is more than an exercise in economic history--it matters for today's world, too.
More Episodes
What does it mean to live Constitutionally in the year 2024? For a start, it means getting off social media. It also means swapping a quill pen for your keyboard, and candlelight for electricity. And don't forget the tricorn hat and musket--though maybe skip the boiled mutton. Join author A.J....
Published 05/06/24
Published 05/06/24
The favorite EconTalk episodes for host Russ Roberts are when he and his guest have an unusually powerful connection such as his recent episode with Charles Duhigg, and the ones where he learns something mind-blowing, like Adam Mastroianni’s insight that you can’t reach the brain through the...
Published 04/29/24