EconTalk

Can a Nation Plunder Its Way to Wealth (with Noah Smith)


Listen Later

Did nations get rich on the backs of other nations? Did the West get rich from imperialism? Noah Smith says no. But why not? If you can steal stuff, isn't that better than having to make it yourself? Listen as Noah Smith and EconTalk's Russ Roberts discuss the impact of imperialism and industrialization on growth and wealth. Smith argues that understanding plunder and where wealth comes from is more than an exercise in economic history--it matters for today's world, too.

...more
View all episodesView all episodes
Download on the App Store

EconTalkBy Russ Roberts