Path: csiph.com!weretis.net!feeder8.news.weretis.net!reader5.news.weretis.net!news.solani.org!.POSTED!not-for-mail From: Aidan Kehoe Newsgroups: comp.os.linux.misc,alt.usage.english Subject: Re: OT: US administration "yes people" Date: Sun, 22 Mar 2026 22:48:49 +0000 Message-ID: <874im7zdim.fsf@parhasard.net> References: <10p8i8m$1ro00$1@dont-email.me> <10p932h$2147v$2@dont-email.me> <10pa1dv$2d5dl$6@dont-email.me> <10pa6el$2f963$2@dont-email.me> <5PGcnQm5n5eAYiX0nZ2dnZfqnPWdnZ2d@giganews.com> <10pb5r2$2obtv$13@dont-email.me> <4luo8mxm8o.ln2@Telcontar.valinor> <10pd71s$3grlr$1@dont-email.me> <1rs7tbh.gpe5481mficwpN%nospam@de-ster.demon.nl> <10pgt0i$mdso$7@dont-email.me> <6slv8mxh47.ln2@Telcontar.valinor> <1rs9smu.jbxbeu1db40cvN%nospam@de-ster.demon.nl> <1rsbpkc.vc5k1918vdagaN%nospam@de-ster.demon.nl> <10pn28v$2pchc$2@dont-email.me> <878qbkz2t8.fsf@parhasard.net> <10ppou3$3l4me$3@dont-email.me> MIME-Version: 1.0 Content-Type: text/plain; charset=utf-8 Content-Transfer-Encoding: 8bit Injection-Info: solani.org; logging-data="412386"; mail-complaints-to="abuse@news.solani.org" User-Agent: Gnus/5.101 (Gnus v5.10.10) XEmacs/21.5-b36 (Linux-aarch64) Cancel-Lock: sha1:nwu2era5reMESM9w7h3ls40Vmts= sha1:K0AcOuKdavQZ2y2KpABa6RU0uVI= X-User-ID: eJwNyskRwDAIBLCWAHOWA+vQfwnxVyM7zo5QN1db2ykZljM5wZealBuOuqQDSAYhOvfbfuVB/SFiEaw= Xref: csiph.com comp.os.linux.misc:83734 alt.usage.english:1140431 Ar an dara lá is fiche de mí Márta, scríobh Lawrence D’Oliveiro: > On Sun, 22 Mar 2026 08:27:47 +0000, Aidan Kehoe wrote: > > > Ar an chéad lá is fiche de mí Márta, scríobh Lawrence D’Oliveiro: > > > >> In other, other words: the most important resource in any economy > >> is people. > > > > No. If that were the case the Philippines would be an economic powerhouse, > > Ireland circa 1847 would have been an economic powerhouse, Denmark > > wouldn’t have a better standard of living than India. > > Those countries do now have a higher growth rate than Denmark though, > don’t they. Ireland specifically is a much smaller proportion of the world population than it was in 1847, and, a historical anomaly, we’ve had a few relatively good decades. Not as good as Australia, the 2008 crash was very painful, but (the republic of) Ireland in 1986 had an unemployment rate of 17% and a government debt to GDP ratio of 131%. The corresponding figures today are 4.6% and 38.77%. And our birth rate has cratered. > An economist told me once that, prior to about 1800, the majority of > the world’s GDP came from India and China. > > What changed in 1800? That was when the Industrial Revolution really > kicked off. > > It’s taking a while, but as industrialization spreads, the world is > returning to that old equilibrium. 1800 was two hundred and twenty-six years ago. The way to bet is that being able to deal well with complexity will continue to be an economic advantage; it certainly was as IT was implemented across economies, it is currently an advantage in dealing with AI. Not everyone deals well with complexity, and they didn’t need to all that much in the agrarian pre-1800 world. -- ‘As I sat looking up at the Guinness ad, I could never figure out / How your man stayed up on the surfboard after fourteen pints of stout’ (C. Moore)