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Uncommon Knowledge: Why Here, Why Now? The U.S.’s Dramatic Standard Of Living Improvements During The Last Century
Hoover Institution economists John Cogan, Lee Ohanian, Terry Anderson, and George Shultz examine the causes for and the reasons behind so many improvements being made to the quality of life in the United States over the past century. They analyze the role that free markets, property rights, innovation, regulation, taxes, and national security played in these remarkable achievements.
Recorded on April 18, 2019
Published in General
I did the same sort of study between Singapore/ Malaysia in 1965 versus 2010.
1965
Singapore GDP – $1800
Malaysia – $1500
2014
Singapore – ~$57K
Malaysia – $11K
The major difference between the two, apart from Malaysia having much greater natural resources, Singapore does not tolerate basic government corruption, while Malaysia embraces it.
Incredible contrast with moderns and the risks and dangers we face if they don’t grow up.
Interesting
podcastpanel. Does anyone else, if you have read Bad Blood (book on Tharanos), not quite trust George Shultz anymore? Even at the opening of thepodcastpanel his thoughts on international relations were not as fresh as they could be. Really? – the fact that the US did not join the League of Nations was the cause of WWII?? Could it be that our international organizations are not working as well and need to be changed, scrapped for something new. I’m sure he knows more about economics, international relations, etc in his little finger than I ever will but …@blueyeti @peterrobinson –
I didn’t mean to plagiarize your post. I had no idea. I wasn’t trying to pull a Joe Biden.
No one washes a rental car