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Sarah Paine: evaluation

4 Oct 2023 Dwarkesh Podcast Sarah C. M. Paine — Why dictators keep making the same fatal mistake

“People look at sanctions and go, “Oh, they don't work because you don't make whoever's annoying you change whatever they're doing.”

— Sarah Paine

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Speaker
Sarah Paine
Attribution
Verified speaker
Claim type
evaluation
Recorded
4 Oct 2023
Publisher
Dwarkesh Podcast

Transcript context

…The compounding is a very important point because Tyler Cowen has an example of this in one of his books: that if U.S. economic growth rates had been 1% lower every year from 1890 to the 20th century, the U.S. per capita GDP would be lower than that of Mexico's. Bingo. And this is to give a tangential comment. This is how sanctions work. People look at sanctions and go, “Oh, they don't work because you don't make whoever's annoying you change whatever they're doing. ” What they do is they suppress growth so that whoever's annoying you over time, you're stronger and they're weaker. And the example of the impact of sanctions is compare North and South Korea. It's powerful over several generations. But the question about why Russia did so well? In terms of, after World War II they ended up with so much.…

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