Re: poly: Modeling Economic Singularities

At 03:45 PM 4/30/98 -0400, you wrote:
>
>Damien R. Sullivan writes:
>> On Apr 30, 12:07pm, "Perry E. Metzger" wrote:
>>
>> > I'll point out that massive jumps in less than a generation HAVE
>> > happened. See Korea from 1960 to 1980, for example. Thatched huts to
>> > a first world economy in one generation.
>>
>> But presumably there's a difference between a small population copying
>> advanced techniques, and the whole world, or even the leading edge,
>> discovering even more advanced techniques.
>
>The U.S. had similar growth rates during the industrial revolution.

Britain invested huge amounts in the U.S. during this period. An isolated
U.S. would not have grown nearly as fast.

Robin Hanson
hanson@econ.berkeley.edu http://hanson.berkeley.edu/
RWJF Health Policy Scholar, Sch. of Public Health 510-643-1884
140 Warren Hall, UC Berkeley, CA 94720-7360 FAX: 510-643-8614
Received on Thu Apr 30 21:00:58 1998