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Noah Smith 🐇 Profile picture
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5 Jan, 5 tweets, 2 min read
This is a pretty awesome tool!
At recent growth rates, Malaysia will catch up to its former colonizer, the UK, in 16 years.
And Indonesia would catch the Netherlands in 32 years.
Of course, growth slowdowns are a thing, so these intersections may or may not happen on time. But still, a great way to visualize how fast countries are converging!!
Oh, and the Dominican Republic would catch Spain in 20 years.

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More from @Noahpinion

Noah Smith 🐇 Profile picture
7 Jan
These slides by @ramez are the most optimistic, exciting thing you'll see today. Maybe all week. Maybe all year.

dropbox.com/s/l6qr9x1zhvc4…
Look at this graph of renewable electricity costs!! Image
And look at this graph of learning curves for all sorts of batteries!! Image
Read 11 tweets
Noah Smith 🐇 Profile picture
6 Jan
1/Let's revisit my post from January 6, 2021: "Japanese lessons for the American coup".

In this post, I went through Japan's history of rightist coup attempts in the 1930s, and what lessons America can learn from this history.

noahpinion.substack.com/p/japanese-les…
2/Japan had five significant coup attempts in the 1930s.

All failed to topple the government.

But in the end, they forced the government to do what the coup perpetrators wanted -- invade and attempt to conquer the rest of Asia. Image
3/In the post, I go through all 5 coup attempts. But the best direct comparison for America's 1/6 coup attempt is the March Incident of 1931.

en.wikipedia.org/wiki/March_Inc… Image
Read 13 tweets
Noah Smith 🐇 Profile picture
6 Jan
If America is going to succeed and thrive economically, we absolutely need to keep bringing in immigrants.

noahpinion.substack.com/p/america-need…
People don't realize how much immigration to the U.S. has slowed down. Image
And people don't realize what a big hole this is going to leave in our population. Image
Read 8 tweets
Noah Smith 🐇 Profile picture
5 Jan
The terms "low-skilled" and "high-skilled" are insulting, yes. But somebody give me a better way to say "possessing skills that command a high premium in the labor market" vs. "not possessing such skills" without typing those phrases out every time.
And some people are responding that I should just say "low-wage" vs. "high-wage" but this is absolutely wrong. I'm talking about PEOPLE, not jobs. A PhD student waiting tables is low-wage, but not "low-skill". So that isn't going to work.
Also, "just don't think about this distinction" really isn't going to fly here either, as earnings potential matters for all kinds of policy decisions.

Read 4 tweets
Noah Smith 🐇 Profile picture
27 Dec 21
30 years after the fall of the USSR, many post-communist countries are growing much faster than they did under communism.

But some are not, and it's not hard to see why.

noahpinion.substack.com/p/how-are-the-…
The former Warsaw Pact countries are doing great, making steady progress toward catching up with West Europe.
The Baltics took a huge hit from the fall of the USSR and another huge hit from the 2008 financial crisis, but they have bounced back both times and are on a very positive growth trajectory.
Read 10 tweets
Noah Smith 🐇 Profile picture
24 Dec 21
Vintage Lego battle: Space Police vs. ragtag anarchist protester fleet

Who will win??
"ACAB!!!" the anarchists shout over the subspace network as they bravely dive their homemade fighter craft at the massive police battlecruiser
The Space Police have bulked up their armaments, due to years of surplus military equipment getting dumped on the market after the war against the Star Wars Lego sets
Read 12 tweets

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