Our smartphones are 120 million times more powerful than the computers that guided Apollo 11. That has enabled us to progress from moon landings to cat videos.
William Easterly
15.3K posts
William Easterly
@bill_easterly
NYU Economics Professor Emeritus. I am an expert on the other experts.
- Most important story of 2017 is that the global poverty rate reached its lowest level ever. This will probably be the most important story of 2018 also. Happy New Year.
- Cuban soldiers push Fidel's broken-down funeral vehicle -- an Econ teacher's dream-come-true for a metaphor HT @franciscome
- From gyoza to samosa to pierogi: the globalization of dumplings under the Mongol Empire 1200-1350
- It seems strange that I can't find a political party or leader who matches my ideals.
- As a democracy expert, I have no frigging clue why this is happening
- What is largest company of all time? Surprising answer: at the height of a 1637 speculative bubble involving tulips, the Dutch East India Company was worth more than today's top 20 companies combined.
- Since then, the Hong Kong government has reprimanded the TV station for bringing up Taiwan, even though Taiwan is a relative success story on COVID-19. Sad to see Chinese government pressure impairing WHO response.
- Today is the 40th anniversary of China's shift from planning to markets, which led to the greatest and most rapid poverty reduction in history.
- What used to be offensively called the "Third World" (Africa/Asia/Latin America) now produces more total GDP than the "First World" (Western Europe/ US/ Canada/ Australia/NZ/Japan)
