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@NoamUrbach@pmarca Population size determines max potential. Network effects determine realized potential. - 6 more replies
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@vgr Why did India and China lose out on the industrial revolution despite higher income and pop density at the time? -
@vinodkhare Almost all attributable to Europe GDP *increase* (and relative fall of Asia) rather than colonial predation. Joel Mokyr is best - 4 more replies
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@econobridge@pmarca Clearly.
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@vgr How are you going to test that hypothesis? -
@Ftuuky Wait and watch. Being tested as we speak in relative GDP rise of countries. - 1 more reply
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