How do large technological advances cross cultural and civilizational boundaries? The puzzle is this: large technologies are not simply cool new devices, but rather complex systems of scientific knowledge, engineering traditions, production processes, and modes of technical communication. So transfer of technology is not simply a matter of conveying the approximate specifications of the device; …
Super-high-density Shanghai
Shanghai is a city approaching 20 million people, and it is arguably the most economically dynamic city in Asia. This concentration of population and economic activity surely has important long-term consequences. There was an interesting piece in the Shanghai Daily recently by Nate Stein, called "Sky's the limit for well planned city of Shanghai." Stein makes a …
China’s confidence
Traveling in China for the past two weeks has given me a different perspective on the country. The most powerful impression I've had is one of collective national confidence; the sense that China is on the move, that the country is making rapid progress on many fronts, and that China is setting its own course. …
Strategies of economic adaptation
Charles Sabel and Jonathan Zeitlin made a powerful case for there being alternative institutional forms through which modern economic development could have taken place in their 1985 article, "Historical Alternatives to Mass Production: Politics, Markets and Technology in Nineteenth-Century Industrialization" (link). In an important volume in 1997, World of Possibilities: Flexibility and Mass Production in …
Proto-industrialization
The concept of proto-industrialization became an influential one in economic history in the 1970s and 1980s. The term refers to a system of rural manufacture that was intermediate between autarchic feudal production and modern urban factory production. Variously described as rural manufacturing, domestic manufacture, cottage industry, and a "putting-out" system, it was a dispersed system …
Development economics in historical context
Hollis Chenery and T. N. Srinivasan published the Handbook of Development Economics in 1988. It was state-of-the-art in the late 1980s. It is interesting to look back at the Handbook twenty-two years later to see how it stands up today. First, the contributors. The volume is a dream-team of development thinkers from the 1970s and 1980s: Amartya …
Continue reading "Development economics in historical context"
Village life in India
People sometimes describe India as undergoing an economic miracle in the past twenty years. After decades of indolent economic growth following independence, a number of sectors of the economy have taken off with high rates of growth and increasing income. Deepak Lal addresses this assumption in "An Indian Economic Miracle?" (link). Here is the crucial …
More on jobs and people in Michigan
Olivier Blanchard and Lawrence Katz did an important empirical study of regional adjustment to employment shock in 1992 (link). Here is their central conclusion: "We have shown that most of the adjustment of states to shocks is through movements of labor, rather than through job creation or job migration." (54) In other words, they find …
Michigan’s population loss
Earlier posts have raised the possibility that Michigan's jobs crisis will lead to significant population loss (link, link, link). The basic idea is this: Michigan has lost more than 800,000 jobs since 2002. Its population in 2002 was about 10 million. The current unemployment rate in the state is about 15%, or just under. In …
What now for Michigan?
The Detroit Regional Chamber Leadership Conference at Mackinac has come and gone. Leaders from all sectors in Southeast Michigan participated in discussions about how the state might move forward and regain the vitality and quality of life that the state has lost in the past decade. All agree that the state faces very tough challenges. …
Understanding Society 