Douglass North

From Poverty to Prosperity — Business and Economic ethics course

In my Business and Economic ethics course, we have started discussing Arnold Kling and Nick Schulz’s From Poverty to Prosperity: Intangible Assets, Hidden Liabilities and the Lasting Triumph over Scarcity. The book was re-issued in paperback with the title Invisible Wealth: The Hidden Story of How Markets Work. As I wrote earlier, it’s a very […]

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The two Americas: 13 countries’ GDP

I’ve started reading Guillermo M. Yeatts’s 2010 Plunder in Latin America. Yeatts lists thirteen American countries’ per capita GDP in 2008 US dollars, first alphabetically by country: Argentina 8,281 Bolivia 1,948 Brazil 8,379 Canada 46,826 Chile 10,933 Colombia 5,478 Cuba 4,840 Ecuador 3,770 Mexico 10,278 Peru 4,454 Uruguay 8,942 USA 46,647 Venezuela 4,315 I re-arranged

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