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05 April 2024 Economics & Growth

Ep. 210: Mark Koyama on What Makes Some Nations Richer Than Others

Bilal Hafeez

This podcast is sponsored by Supernormal.

Mark Koyama is Associate Professor of Economics at George Mason University and Mercatus Center. Mark earned his PhD in Economics from the University of Oxford. He focuses on how historical institutions functioned and on the relationship between culture and economic performance. He is the author of several books, most recently ‘How the World Became Rich’ with Jared Rubin. This podcast covers:

How to measure prosperity today and in the past
Does geography make some nations richer than others?
Landlocked countries, Islamic empire, Mongol invasion
Do institutions matter?
Property rights vs political rights
Does culture have an impact?
Defining culture, attitude to change
Does demography matter?
Black death, female participation
Did colonisation and slavery make the difference?
Transatlantic economy, India, resource transfer
Why did north-west Europe industrialise first?
What explains the China growth story?
Outlook for US, Europe, China, and India
Books mentioned: Guns, Germs and Steel (Diamond), Roman trilogy (Holland), Understanding the Process of Economic Change (North)

You can follow Mark here.

Make sure to subscribe to the show on Apple, Spotify, YouTube, or wherever you go for your podcasts. You can follow us on Twitter and LinkedIn.

(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs.)

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