Wednesday, April 13, 2011

Conjectures and Refutations p.311-312

This a continuation of the earlier post on Michael Kremer.  The main point of this section is population growth; it starts out with saying Malthus was essentially right that technological progress led to an increased population which would then decline because of starvation and environmental collapse; however, the model Kremer came up with showed that population would decline because of lower birth rates and lack of specialization.  The other key point is that Kremer showed that the division of labor was limited by population, however ideas will transcend those limits and allow for continued specialization and growth.  A note is that "small numbers meant no specialization." 

1 comment:

  1. No comment - I think I covered everything on the earlier post.

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