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Why Have Some Countries Profited From The Industrial Revolution?

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Why Have Some Countries Profited From The Industrial Revolution?

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By Steve Sailer [See also last week’s A Farewell To Alms: Why Did The Industrial Revolution Happen Where It Did?] In A Farewell to Alms, economic historian Gregory Clark asks: Why has the Industrial Revolution of the last two centuries caused a Great Divergence, making some nations so rich, while others have stayed so poor. This is a social scientist’s question, not a historian’s, because there are enough separate countries in the world that general patterns can be perceived that can be reasonably well explained by a limited number of factors. There are a lot of data to work with, folks. A quick survey of the globe shows, for example, that countries tend to be poorer when they are ruled by crazed ideologies (e.g., North Korea vs. South Korea) or are far inland (e.g., Paraguay vs. Uruguay). But another factor is so obvious that we aren’t supposed to mention it. If you rank the 156 countries with populations of one million or more in order of per capita GDP, the top 23 are made up of one

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