The Daily Digest : 10-02-2023
Some posts I recently read and recommend
Creative destruction and catch-up growth in India
By Michael Peters & Fabrizio Zilibotti
This article argues that one of the reasons why Indian firms are small in size is the absence of creative destruction (innovation) which essentially means that small firms are able to survive because bigger firms are not replacing them quickly.
Can we domesticate the state or will it domesticate us?
By Dan Banik
In this brilliant podcast, Dan Banik talks to James C Scott about the evolution of the modern state, its impact on economic development, and how is it different from civilisations.