From Poverty to Prosperity Event

Great stuff. I enjoyed the event, thank you for posting it and thank you for the discussion. Mr. Kane is spot on when he describes how well chapter 2 explains the differences between rich and poor countries.

Below it follows a link for an article about regulation, institutions, easy to fix versus hard to break, etc., from a different point of view.

http://www.ncbi.nlm.nih.gov/pmc/articles/PMC122203/

Redundancy, antiredundancy, and the robustness of genomes by David C. Krakauer and Joshua B. Plotkin

Santa Fe Institute, 1399 Hyde Park Road, Santa Fe, NM 87501; and Institute for Advanced Study, Princeton, NJ 08540

Genetic mutations that lead to undetectable or minimal changes in phenotypes are said to reveal redundant functions. Redundancy is common among phenotypes of higher organisms that experience low mutation rates and small population sizes. Redundancy is less common among organisms with high mutation rates and large populations, or among the rapidly dividing cells of multicellular organisms. In these cases, one even observes the opposite tendency: a hypersensitivity to mutation, which we refer to as antiredundancy.