Economic development Quote by Thomas Sowell

“Different rates of development on different continents, from 11,000 B.C. to A.D. 1500, were what led to the technological and political inequalities of A.D.…

— Jared Diamond

“The great inequality of the modern world that emerged in the nineteenth century was caused by the uneven dissemination of industrial technologies and manufacturing…

— Daron Acemoğlu

“At the dawn of the nineteenth century, many parts of the world, especially in Africa, lacked a state that could provide even a minimal…

— Daron Acemoğlu

“NINETEENTH-CENTURY AUTHORS TENDED TO INTERPRET history as a progression from savagery to civilization. Key hallmarks of this transition included the development of agriculture, metallurgy,…

— Jared Diamond

“Railroads, in turn, were revolutionary in their social consequences. The concentrations of the world's populations along coasts and near rivers was reduced, as land…

— Thomas Sowell

“The institutional dynamics we have described ultimately determined which countries took advantage of the major opportunities present in the nineteenth century onward and which…

— Daron Acemoğlu

“Maritime technology coupled with political organization was similarly essential for European expansions to other continents, as well as for expansions of many other peoples.”

— Jared Diamond

To build a twenty-first-century economy, America must revive a nineteenth-century habit--investing in the common, national economic resources that enable every person and every firm…

— William J. Clinton

“The countries of northern Europe have been richer than those of the south for several centuries. The north industrialised earlier than the south and…

— Tim Marshall

“Until recent history, the central state represented about 5 percent of the economy. ...and further, governments were sufficiently distracted by war to leave economic affairs…

— Nassim Nicholas Taleb

Booming cities, and the provinces and states in which they are located, are driving forces in economic growth today. Consequently, they constitute the new…

— Robert Hormats

The greatest economic minds of the 19th century, all of them without exception, considered economic growth as a temporary necessity. When all human needs…

— Zygmunt Bauman