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The idea that less developed economies have much faster potential growth is well studied in economics: https://en.m.wikipedia.org/wiki/Convergence_(economics) h
by 2Crisp 7y ago
The idea that less developed economies have much faster potential growth is well studied in economics: https://en.m.wikipedia.org/wiki/Convergence_(economics) https://en.m.wikipedia.org/wiki/Convergence_(economics)
I'm not sure what point you're trying to make here.
- infinity0 7y agoThe article itself contains a lot of nuances and exceptions, and makes no pretense at trying to predict the future, but you're treating it as if it inevitably predicts an outcome as time tends towards infinity. You might want to better understand the difference between a non-predictive theory meant as a guide for future research, vs reality, an actual future, and a truly predictive theory. That said, don't let me stop you from believing what you want to believe. It doesn't take a genius to figure out what my point is, but if your salary depends on you not understanding it, that's OK too.
- dang 7y agoWould you please stop posting in the flamewar style to HN? and especially not cross into personal attack? These things are against the site guidelines, and we've had to ask you this before. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html