Nicholas Decker of Homo Economicus discusses one of his favorite essays, "The O-Ring Theory of Economic Development" by M. Kremer. The O-Ring theory argues that rich countries are rich not just because they have better workers, but because they have better systems for matching excellent workers with one another. Ben Pace speaks with him at Inkhaven, a residency for writers and bloggers. Sponsored by WordPress.com.
https://www.inkhaven.blog/about
https://nicholasdecker.substack.com/
00:00 Intro
04:53 Reading
09:51 Interview
41:25 Sponsor
