Articles Archive for 4 February 2012
Stealing is a Bad Thing »
Economic prosperity is neither impossible nor inevitable. There are scores of examples on either side of the prosperity divide. That should tell us a lot about what it takes to be economically successful. Prosperity eludes some countries not randomly but because of well-understood reasons. Our understanding of the causes of economic growth and development is not exactly like our understanding of the mysterious dark energy and dark matter. Economists know what works and why. Here I present some basic bits related to the subject from a personal perspective.
