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« Thomas Sowell -- Intellectual Mavrick at Work | Main | The Struggle for a Better World — February 22, 2021 »

Combustible Combinations and the Secrets of Development Economics

|Peter Boettke|

What is the similarity between a game of scrabble and economic development?  How many words can you make with 3 letters?  How about with 26 letters?  What is the relationship between consonants and vowels, and are they analogous to private and public sectors in economic arrangements? If so, what causes some countries to get stuck in the combinatorial process of wealth creation and human betterment?

 

Posted by on February 01, 2021 at 11:31 AM |

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