Evidence receipt / evaluation
Published · transcript-backedBrad DeLong: evaluation
22 Feb 2023 Conversations with Tyler Brad DeLong on Intellectual and Technical Progress
“The fact that Britain is still richer, at least in any comprehensive GDP accounting, is, I think, in large part because Germany is dragged down, because when we speak of Germany in this sense, we’re meaning the Ruhr and the Rhineland largely, and some of Silesia and some of Saxony as well.”
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Everything needed to verify it.
- Speaker
- Brad DeLong
- Attribution
- Verified speaker
- Claim type
- evaluation
- Recorded
- 22 Feb 2023
- Publisher
- Conversations with Tyler
Transcript context
…What do you think of the common view that England, in some way, fell behind Germany in the late 19th century? The fact that in 1913, the largest British electrical manufacturing firm is the English subsidiary of the German Siemens — that speaks a lot. The fact that Britain is still richer, at least in any comprehensive GDP accounting, is, I think, in large part because Germany is dragged down, because when we speak of Germany in this sense, we’re meaning the Ruhr and the Rhineland largely, and some of Silesia and some of Saxony as well. It is absolutely marvelous that you would expect the country that is the most industrialized and that has at least the most advanced universities in 1800 to have an enormous comparative advantage in driving forward technology and in maintaining its place as the industrial-technological leader — and yet not. What was Britain doing wrong those years then?…
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