Colonial Empires and Industrialization
Noah explores the relationship between colonial empires and industrialization, questioning whether having a colonial empire was necessary for a country to become rich. He discusses the cases of Germany, Japan, and other countries that became prosperous without colonies, while also examining the hypothesis that cheap resources from colonies played a role in sparking the industrial revolution in Britain.In this clip
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EconTalk
Can a Nation Plunder Its Way to Wealth (with Noah Smith)
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