01 / prediction
What this led me to do, and how I got started on the path of studying war, actually, is by realizing that some commodities are just hugely volatile in price for various circumstances, and some are not. So, if we wanted to understand long-term paths of development and why some places weren’t prosperous, it’s because they lost the commodity lottery, and they got a volatile commodity rather than a stable one.
“What this led me to do, and how I got started on the path of studying war, actually, is by realizing that some commodities are just hugely volatile in price for various circumstances, and some are not. So, if we wanted to understand long-term paths of development and why some places weren’t prosperous, it’s because they lost the commodity lottery, and they got a volatile commodity rather than a stable one.”
- Speaker
- Chris Blattman
- Publisher
- Conversations with Tyler