3 papers • Quamrul Ashraf & Oded Galor, 2013. " The 'Out of Africa' Hypothesis, Human Genetic Diversity, and Comparative Economic Development ," American Economic Review, American Economic Association, vol. 103(1), pages 1-46, February. • Comin, Diego, William Easterly, and Erick Gong. 2010. " Was the Wealth of Nations Determined in 1000 BC? " American Economic Journal: Macroeconomics, 2 (3): 65-97. • Nunn, Nathan (2008), "The Long Term Effects of Africa's Slave Trades ," Quarterly Journal of Economics, Vol. 123, No. 1, pp. 139 176. ‐
The 'Out of Africa' Hypothesis, Human Genetic Diversity, and Comparative Economic Development
Is diversity good or bad? • BAD: Heterogeneity increases the likelihood of mis-coordination and distrust, reducing cooperation and disrupting the socioeconomic order. • GOOD: A wider spectrum of traits is more likely to be complementary to the development and successful implementation of advanced technological paradigms, i.e. more sophisticated and efficient modes of production
Discuss • “Increasing Bolivia's diversity to the optimum level prevalent in the US would increase Bolivia's per capita income by a factor of 4.7, closing the income gap between the US and Bolivia from 12:1 to 2.5:1”
Was the Wealth of Nations Determined in 1000 BC?
Primitive Technology Data Documentation Paper
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- Fall '17