Douglas Irwin

@douglasirwin.bsky.social

Trade/economic history @Dartmouth College @Peterson Institute for International Economics Website: https://sites.dartmouth.edu/dirwin/

Kelvin's dictum, etched on the University of Chicago Social Science building: "when you cannot measure, your knowledge is meager and unsatisfactory." To which Jacob Viner replied,"And when you can measure, your knowledge is meager and unsatisfactory."

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On 2, check out Clashing over Commerce by @douglasirwin.bsky.social at p 574, quoting administration adviser Bill Niskanen: The Reagan administration's strategy was "to build a five-foot trade wall in order to deter a ten-foot wall [that would have been] established by Congress."

"The responsibility of economic historians is to remind the world what things were like before 1800. Growth was imperceptibly slow, and the vast bulk of the population was so poor that a harvest failure would kill millions." - Joel Mokyr www.wsj.com/articles/joe...

Joel Mokyr: What Today's Economic Gloomsayers Are Missing

In The Wall Street Journal, Joel Mokyr writes that science is enabling invention like never before and in ways that will improve life but isn't captured by GDP statistics.

wsj.com