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For instance, having a century headstart in industrialization and fast economic growth? It actually returns to a longer scale version of having accumulated weal
by z2 5y ago
For instance, having a century headstart in industrialization and fast economic growth? It actually returns to a longer scale version of having accumulated wealth through working a long time...
Also taxi driving isn't exactly the most efficient of markets to compare value. London taxi drivers for example have a unique barrier to entry to become a taxi driver via an onerous road memorization test ("The Knowledge"), and that has nothing to do with the general British economy "doing something right."
- akomtu 5y agoWhat headstart? Africa existed when vikings were roaming the European waters.