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The Industrial Revolution was just catch-up growth
The mystery of why growth has been so fast from early 19th century up to the late 20th century is that living standards in the early 19th century were…
Sep 9
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Rafael R. Guthmann
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The Industrial Revolution was just catch-up growth
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The world is multipolar now and this is a good thing
Unipolarity for extended periods means the worst kind of monopoly: institutional monopoly
Aug 30
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Rafael R. Guthmann
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The world is multipolar now and this is a good thing
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3400 years of macroeconomic performance in one graph
Modern economic growth does not look as impressive as in other such graphs
Jul 19
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Rafael R. Guthmann
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3400 years of macroeconomic performance in one graph
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There is a need for the Malthusian Model?
Perhaps not really.
Jul 17
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Rafael R. Guthmann
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There is a need for the Malthusian Model?
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The Great Waves in Economic History
In western economic history, living standards appear to have had three "supercycles" of rise and fall of economic activity over the past 4,000 years.
Feb 21
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Rafael R. Guthmann
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The Great Waves in Economic History
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Democracy and development
It appears to be the case that the foremost causal factor in social and economy development is democracy
Feb 6
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Rafael R. Guthmann
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Democracy and development
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Should intellectual property be enforced?
Should patents exist? It appears that they do, although, granting a monopoly of 20 years to new technologies might be too much.
Jan 18
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Rafael R. Guthmann
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Should intellectual property be enforced?
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The Democratic Stationary Bandit
The modern welfare state is what happens when you mix Ghenghis-Khan with Classical Athens
Nov 12, 2022
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Rafael R. Guthmann
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The Democratic Stationary Bandit
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Rafael’s Commentary
Thoughts in economics, society, politics, and history
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Rafael’s Commentary
Thoughts in economics, society, politics, and history
By Rafael R. Guthmann
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