Why Are Some Countries Rich and Others Poor?
A short, excellent video on the contributing factors to poverty, growth and prosperity worldwide.
Here’s a new video, less than 2-1/2 minutes, pointing out some of the key differences between rich nations and poor nations. Not surprisingly, small government, free markets, and sound institutions are critical.
I narrated a similar video (below), released more than two years ago, that makes similar points. The production values are not as high, but I had six minutes to play with, so it gave me an opportunity to elaborate on the various factors that contribute to growth. I think the videos are good complements.
And here's mine...
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