- This fantastic article in the NYT about climate change is worth a read. Here’s just one of the many things they report: !
- In India, some 415 million people left multidimensional poverty in a 15-year period - a historic change.
- The European continent has a complicated history of war, conquest and changes of national borders. This may have been positive for the continent in the long term:
So overall, competition between states had short-run costs but potential long-run benefits. We call this creative destruction in the market for governance: just like technological innovation displaces obsolete firms, institutional innovation displaces obsolete states over time.
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