Econ 210a: Weekly Memo Question: Feb 12
Weekly Memo Question: Feb 12: Economics tends to view growth as a continuous and diffuse process: if one firm does not solve the problem of how to efficiently utilize resources, others will and drive the first out of business; if one technological vein plays itself out, energy will focus on others. The papers this week argue either that unique institutions and technologies matter a lot or that they do not. What kinds of evidence not presented in this week's reading might lead you to come down on one side or the other?
