human development in emerging markets: the view from bklyn
An expat returned. Thoughts about international development from Brooklyn.
Friday, March 27, 2009
A thought for a Saturday morning on economic productivity
A chicken in the USA produces 350 eggs per year, because it's in a high capital environment (nutrition, medicine etc.).
A chicken in the developing world pecking around the backyard the way they were in the USA 70 years ago produces 50 eggs a year.
- EconTalk Podcast, 2/5/07
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