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Noahpinion's profile
Noah Smith
Noah Smith
Noah Smith
Verified account
@Noahpinion

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Noah SmithVerified account

@Noahpinion

Bloomberg Opinion writer. Elected "top neoliberal shill" of 2018. Occasionally posts anime gifs.

San Francisco, CA
bloomberg.com/view/contribut…
Joined April 2011

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    1. Noah Smith‏Verified account @Noahpinion Oct 18

      Today's @bopinion post is about how poor countries started catching up to rich ones. It looks like decolonization just took a few decades to start working.https://bloom.bg/2yKQWGQ 

      22 replies 139 retweets 263 likes
      Show this thread
    2. Noah Smith‏Verified account @Noahpinion Oct 18

      Basic econ theory says poor countries should grow faster than rich ones. But for much of the Industrial Revolution, the opposite happened. https://www.econ.nyu.edu/user/debraj/Courses/Readings/Pritchett.pdf?seq=14 … Why? Probably because the first countries to discover industrial technologies used them to conquer the others!

      2 replies 14 retweets 63 likes
      Show this thread
    3. Noah Smith‏Verified account @Noahpinion Oct 18

      But then colonial empires went away. And yet still, for the next 30 years or so, poor countries fell further behind rich ones. https://dash.harvard.edu/bitstream/handle/1/3451299/Barro_Convergence.pdf?sequence=4 … Why?? Possible reasons: 1. Bad institutions (dictators, communism, autarkic trade regimes) 2. Civil wars 3. Lack of education

      11 replies 15 retweets 52 likes
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    4. Noah Smith‏Verified account @Noahpinion Oct 18

      But then, starting in the 80s (for China) and the 90s (for India and Indonesia), some of the biggest poor countries got their acts together and started to catch up!pic.twitter.com/3keorSFcE6

      3 replies 10 retweets 34 likes
      Show this thread
    5. Martinned 马丁‏ @Martinned81 Oct 18
      Replying to @Noahpinion

      You mean the China that was famously colonised for centuries?

      1 reply 0 retweets 0 likes
    6. Noah Smith‏Verified account @Noahpinion Oct 18
      Replying to @Martinned81

      The Opium War, Taiping Rebellion, and partial colonization of China happened right around the time that the Industrial Revolution really accelerated.

      1 reply 0 retweets 0 likes
    7. Martinned 马丁‏ @Martinned81 Oct 18
      Replying to @Noahpinion

      You think that that's what stopped the Chinese from keeping pace with Europe on development?

      2 replies 0 retweets 0 likes
      Noah Smith‏Verified account @Noahpinion Oct 18
      Replying to @Martinned81

      That, civil war, and communism. Kept them back by about 1 century.

      9:05 AM - 18 Oct 2018
      1 reply 0 retweets 0 likes
        1. New conversation
        2. Martinned 马丁‏ @Martinned81 Oct 18
          Replying to @Noahpinion

          Yes, but those are things they did to themselves, not colonialism

          1 reply 0 retweets 0 likes
        3. Noah Smith‏Verified account @Noahpinion Oct 18
          Replying to @Martinned81

          Read "Autumn in the Heavenly Kingdom".

          0 replies 0 retweets 0 likes
        4. End of conversation

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