HighVoltageTransformer
658 posts

HighVoltageTransformer
@ShortageIsKey
Engineer living in the everything bubble. We're all cooked. Living in the US, visiting Europe on regular basis.

















Kaum etwas macht mich siegessicherer als der Blick auf unsere Gegner.


A fundamental lesson from my posts these last two weeks on modernization, industrial policy, and development is that development economics should be about understanding why South Korea got rich but Bolivia did not. The current field has largely given up on that question. Sharply identified RCTs on small micro programs are a fine way to publish in the AER and get tenure at a fancy university, but a profession that knows everything about microfinance impact evaluations and almost nothing about industrialization has misallocated its own intellectual capital on a pretty heroic scale. Four images of Seoul:


🚨BREAKING: Newly released emails show Fauci directed colleagues to “delete this after you read it”—dating back to Feb. 2020. He denied it under oath. These documents are now public, and Fauci will finally testify before Chairman Rand Paul.













