Timmy ElsewhereFebruary 20, 2008 Tim WorstallTimmy Elsewhere2 CommentsAt the GI. The poor countries are adopting new technologies faster than the rich ones: convergence is under way. Hurrah! previousTimmy ElsewherenextLee Jasper and Ken 2 thoughts on “Timmy Elsewhere” Jim February 20, 2008 at 7:23 pm Gawd bless you Tim, you seem to be the only person at the GI site actually producing anything, and you don’t actually work there. Does anyone? Jim Winfield February 21, 2008 at 8:54 pm Adam Smith noted that colonies became richer than the home country very quickly. They could see what worked. Also they had trade as a result of being a colony. The transplant of institutional forms and attitudes – but without every tradition – also helped. So: get the legal framework and the trade in place, everything follows. Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment.