Accounting for the great divergence | vox

Accounting for the great divergence | vox

Stephen Broadberry from LSE argues that  economic divergence we observe today was existent even a thousand years ago. His work is based on Maddison's pioneering work on long term trends of inequality and other recent historical data. This work could shed some light on recent divergence between European and Asian economies. His argument on differential impact of shocks deserves, however some further analitycal work. 

Worldly philosopher: The odyssey of Albert Hirschman

Worldly philosopher: The odyssey of Albert Hirschman | vox

Jeremy Adelman of Princeton University talks to Romesh Vaitilingam about his biography of the economist and social scientist Albert Hirschman. They discuss Hirschman’s ideas about economic development, ‘optimal’ crises and what is perhaps his most famous book among economists, "Exit, Voice and Loyalty". Adelman also speculates on what the citation would have said had Hirschman won the Nobel Prize – and explains why we should read Hirschman now. The interview was recorded in London in May 2013.