Every year I ask the second-year students in my global economic history course to write down the reasons why people are poor. They usually take a moment to think, and then begin by writing down a long list of things: poor access to quality education, corruption by leaders, exploitation by companies. I then ask them to write down, on a separate paper, the reasons why people are rich.
It's innovation, stupid
It's innovation, stupid
It's innovation, stupid
Every year I ask the second-year students in my global economic history course to write down the reasons why people are poor. They usually take a moment to think, and then begin by writing down a long list of things: poor access to quality education, corruption by leaders, exploitation by companies. I then ask them to write down, on a separate paper, the reasons why people are rich.