Monday, September 19, 2016

Niall Ferguson: The 6 Killer Apps of Prosperity

Very interesting talk by economist/historian Niall Ferguson on the 6 killer apps of prosperity. He lists certain "apps" as the driving force explaining Western domination in the last century and also how these "apps" are why "rest-ern" civilizations are catching or passing Western nations today. The West's killer apps are:

1. Competition
2. The Scientific Revolution
3. Property Rights
4. Modern Medicine
5. The Consumer Society
6. The Work Ethic

I can also highly recommend Niall Ferguson's The Ascent of Money.

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