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notesonliberty.com
| | growthecon.wordpress.com

NOTE: The Growth Economics Blog has moved sites. Click here to find this post at the new site. I'm not an economic historian, but like most growth economists I am an avid consumer of economic history. Maybe it's our version of "physics envy". Regardless, it isn't always obvious why growth economists look backwards so much...
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| | nephist.wordpress.com

Spinning the Industrial Revolution by Jane Humphries (Oxford) and Benjamin Schneider (Cornell) Abstract The prevailing explanation for why the Industrial Revolution occurred first in Britain is Robert Allen's (2009) 'high-wage economy' view, which claims that the high cost of labour relative to capital and fuel incentivized innovation and the adoption of new techniques. This paper...
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| | theweek.com

Invented by the merchants of Renaissance Italy, capitalism now underpins almost all of the worlds economies
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| | www.lesswrong.com

In 2021, I proposed measuring progress in the perplexity of language models and extrapolating past results to determine when language models were exp...
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