Post by Alex Tabarrok: Excellent thread. Solow model conflicts with some historical intuitions about wealth creation. - Upcarta

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Alex Tabarrok @ATabarrok · Feb 21, 2023

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Excellent thread. Solow model conflicts with some historical intuitions about wealth creation.

Tweet Feb 21, 2023

Past national prosperity predicts future national prosperity--- but is correlation causation? Not if the Solow model and its cousins are correct when they teach this truth: Nation's can't get permanently rich from past wealth, whether that wealth

by Garett Jones

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