tag:blogger.com,1999:blog-5880610.post2014614781585428067..comments2024-01-13T18:57:18.243-05:00Comments on Information Processing: Confessions of an economistSteve Hsuhttp://www.blogger.com/profile/02428333897272913660noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5880610.post-53916466050167814402014-12-07T17:52:39.492-05:002014-12-07T17:52:39.492-05:00" ... we don't have good explanations at ..." ... we don't have good explanations at any deep level for why the U.S. today is and stays 30 times richer than Kenya."<br />The explanation is in law--the US is more Libertarian-based and becoming so more every day: respect for rights, transparency, low taxes. Kenya has a strong libertarian group, but is centuries behind.Kennon Gilsonnoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-11029154312678995852008-05-21T00:22:00.000-04:002008-05-21T00:22:00.000-04:00" ... we don't have good explanations at any deep ..." ... we don't have good explanations at any deep level for why the U.S. today is and stays 30 times richer than Kenya."<BR/><BR/>Could the fact that the average IQ in Kenya is 70 have something to do with it?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-72009691768158946192008-05-20T21:50:00.000-04:002008-05-20T21:50:00.000-04:00I'm envious that they have lots of interesting pro...I'm envious that they have lots of interesting problems to work on. But most physicists would probably not agree with me.Steve Hsuhttps://www.blogger.com/profile/02428333897272913660noreply@blogger.comtag:blogger.com,1999:blog-5880610.post-26741377602782606822008-05-20T20:28:00.000-04:002008-05-20T20:28:00.000-04:00Do physicists ever have economics envy?Do physicists ever have economics envy?Anonymousnoreply@blogger.com