Attention Economy


Wednesday, April 12, 2017

Colonialism and Economic Development: British Rule in India

A good piece from economist Tyler Cowen:
“One of the most common debates I hear about India is whether British colonialism has been good or bad for the country’s economic prospects. Defenders of British rule often cite the construction of the railroads, or the spread of the English language, but as time passes the evidence mounts that India would have been much better off on its own.”