Mukti

Economic herstory

Posted in development, economics by jrahman on July 5, 2017

I have been trying to get back into the habit of writing.  Nothing fancy or ambitious.  Around a thousand or so words a week.  I asked a close friend on what I should be writing about.  He advised:

Rotate between three big buckets: politics/history, pop culture, and economics. When writing about the first topic, make sure it won’t sound ridiculous in six months. And avoid talking about people and focus more on theory and data.

My friend reminded me of this passage from a three-decade old paper on economic growth.

The consequences for human welfare involved in questions like these are simply staggering: Once one starts to think about them, it is hard to think about anything else.

I wonder what Nancy Stokey feels about that!  My partner will for sure not be happy if I spend all my time thinking about economics.  But when not thinking about strange stuff, it is indeed harder to come up with a bigger question than why some societies have so much higher living standards than others.

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