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Thursday, August 02, 2012

'Romney Hasn’t Done His Homework'

Jared Diamond says Mitt Romney "misrepresented my views" and "oversimplified the issue" of why some countries are rich and others are poor:

Romney Hasn’t Done His Homework, by Jared Diamond, Commentary, NY Times: Mitt Romney's latest controversial remark, about the role of culture in explaining why some countries are rich and powerful while others are poor and weak, has attracted much comment. I was especially interested in his remark because he misrepresented my views and, in contrasting them with another scholar’s arguments, oversimplified the issue.
It is not true that my book “Guns, Germs and Steel,” as Mr. Romney described it in a speech in Jerusalem, “basically says the physical characteristics of the land account for the differences in the success of the people that live there. There is iron ore on the land and so forth.”
That is so different from what my book actually says that I have to doubt whether Mr. Romney read it. ... (As I learned this week, Mr. Romney also mischaracterized my book in his memoir, “No Apology: Believe in America.”)
That’s not the worst part. Even scholars who emphasize social rather than geographic explanations — like the Harvard economist David S. Landes, whose book “The Wealth and Poverty of Nations” was mentioned favorably by Mr. Romney — would find Mr. Romney’s statement that “culture makes all the difference” dangerously out of date. In fact, Mr. Landes analyzed multiple factors (including climate) in explaining why the industrial revolution first occurred in Europe and not elsewhere. ...
That is not to deny culture’s significance. Some countries have political institutions and cultural practices — honest government, rule of law, opportunities to accumulate money — that reward hard work. Others don’t. ... But institutions and culture aren’t the whole answer...
Mitt Romney may become our next president. Will he continue to espouse one-factor explanations for multicausal problems, and fail to understand history and the modern world? ...

Acemoglu and Robinson disagree with Diamond about the origins of inequality and prosperity, see here and here, but they agree that Romney has this wrong.

    Posted by on Thursday, August 2, 2012 at 12:24 AM in Economics, Politics | Permalink  Comments (13)


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