Joe Studwell
Article
Joe Studwell is a recurring person in the Astral Codex Ten archive, appearing 3 times across 3 issues between June 28, 2021 and June 07, 2023. The archive places it in contexts such as “Joe Studwell claims this isn’t mysterious at all”; “I wrote a review of Joe Studwell’s How Asia Works”; “in his analysis of their rise, Joe Studwell suggests”. It most often appears alongside China, Japan, South Korea.
Metadata
- Category: People
- Mention count: 3
- Issue count: 3
- First seen: June 28, 2021
- Last seen: June 07, 2023
Appears In
- Book Review: How Asia Works
- Highlights From The Comments On “How Asia Works”
- Assistant Dictator Book Club: America Against America
Related Pages
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- China (3 shared issues)
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- Japan (3 shared issues)
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- South Korea (3 shared issues)
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- Taiwan (3 shared issues)
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- America (2 shared issues)
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- Bill Gates (2 shared issues)
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- Britain (2 shared issues)
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- CCP (2 shared issues)
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- Deng Xiaoping (2 shared issues)
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- East Asia (2 shared issues)
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- Germany (2 shared issues)
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- Hong Kong (2 shared issues)
External Links
Source Context
Recovered passages from the original issue text. When the raw archive preserved outbound links inside the source passage, they are listed directly under the quote.
Joe Studwell claims this isn't mysterious at all. You don't have to bring in culture, genetics, or anything complicated like that. Japan, South Korea, Taiwan, etc, just practiced good economic policy. Any country that tries the same economic policy will get equally rich, as China and Vietnam are discovering. Unfortunately, most countries practice bad economic policy, partly because the IMF / World Bank / rich country economic advisors got things really wrong. They recommended free markets and open borders, which are good for rich countries, but bad for developing ones. Developing countries need to start with planned economies, then phase in free market policies gradually and in the right order. Since rich country economists kept leading everyone astray, the only countries that developed properly were weird nationalist dictatorships and communist states that ignored the Western establishment out of spite. But now the economic establishment is starting to admit its mistakes, giving other countries a chance to catch up.
I made a mistake in the email notifications, so if you didn’t know I wrote a review of Joe Studwell’s How Asia Works earlier this week - well, now you know.
Inline links: a review of Joe Studwell’s
He also has a longer thread discussing Chinese land reform a little further back; click on the starting tweet for more: Navin Kumar writes:
Inline links: writes
So far. China hasn’t quite caught up to America. Their GDP per capita is still less than a quarter of ours. Although they make many excellent products, the world leaders - iPhones, 747s, GPTs - are mostly still designed in the US, even if Chinese factories churn out the parts. Other Asian tigers like South Korea and Taiwan liberalized politically around the point where they started approaching developed-country GDP; in his analysis of their rise, Joe Studwell suggests that this might have been a necessary component. And Japan, despite all the virtues that made Wang think they would overtake the US, has stagnated instead.
Inline links: Joe Studwell suggests