Guest lecture in ECON2951/4951 from Debraj Ray
Title: The long shadow of history: divergence and convergence of economic outcomes
Topic: If we believe that human beings the world over are driven by a common set of economic motivations and that there is no fundamental difference in their desires to save and procreate, Debraj Ray asks, then the differences that we do observe may be driven by their particular historical experiences thereafter propagated via economic, social and political influences. He provides examples form recent literature, studying the persistent impact of distant history.
Date and time: 11 October 2017, 12:15-14:00.
The lecture is open for everyone who is interested.