Category Archives: economic growth

The Bairoch hypothesis (or the “tariff-growth paradox” of the late 19th century)

{ Note: This post describes and summarises a literature on 19th century growth & trade. I do not necessarily endorse its findings. This post is intended as largely descriptive. } There is a vast cross-country literature which finds a positive correlation … Continue reading

Posted in economic growth, industrial policy, Infant industry argument, protectionism, trade & development | Tagged , , , , , | 15 Comments

Educational Romanticism & Economic Development

An elaboration on Ricardo Hausmann’s article “The Education Myth” arguing that education is an overrated tool of economic development. This post also responds to a criticism of Hausmann’s views which appeared at the Spanish group blog Politikon; and also discusses whether developing … Continue reading

Posted in economic growth, Education | Tagged , , , , | 12 Comments