UnderstandingSociety: Technology innovation in Chinese agriculture "It is a commonplace in world history to observe that China had achieved a high level of sophistication in science, medicine, and astronomy by the Middle Ages, but that some unknown feature of social organization or culture blocked the further development of this science into the expansion of technology in the early modern period. Chinese culture was "blocked" from making significant technological advances during the late Ming and early Qing periods -- in spite of its scientific advantage over the West in medieval times; or so it is believed in a standard version of Chinese economic history.A variety of hypotheses have been offered to account for this supposed fact. [...]"
What Happened to Argentina? - Economix Blog - NYTimes.com "A century ago, there were only seven countries in the world that were more prosperous than Argentina (Belgium, Switzerland, Britain and four former English colonies including the United States), according to Angus Maddison’s historic incomes database. In 1909, per capita income in Argentina was 50 percent higher than in Italy, 180 percent higher than Japan, and almost five times higher than in neighboring Brazil. Over the course of the 20th century, Argentina’s relative standing in world incomes fell sharply. By 2000, Argentina’s income was less than half that of Italy or Japan. [...]"
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