AIRWAVES#3 Unified Growth Theory - Dr. Oded Galor, Brown University Economics

Most economic theories are what one would call "bounded," which
is to say that they are based on a narrow window of human
activity, be that time, or place, or category. This limitation
produces ideas with middling real-world efficacy, as they cannot
be widely applied to, say, the whole of humankind. But, what if
an economic theory of everything, a decoder ring for why the
condition of our species is the way it is, was possible? What
would it look like? How could one idea help us understand the arc
of human development all the way from stagnation, to growth, to
inequality? Unified Growth Theory, laid out by Oded Galor in his
new book, The Journey of Humanity, attempts to answer all of
those questions. By studying the arc of human development from
the earliest settlements of the fertile crescent to modern day
socioeconomics, Galor purports to have solved the mystery of
development. What we do with this knowledge, though, is still up
to us.

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AND by picking up Dr. Galor's book, The Journey of Humanity: The
Origins of Wealth and Inequality: https://amzn.to/3WU8GK0


#economics #growth
                    
 

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