Quote, Unquote

Most of us have become accustomed to the idea that government either cannot or will not just do things. Zilch, it seems, can be done about climate change, war, the housing crisis, inflation, or inadequate medical coverage and child care. The basic political legitimacy of our republic, the abundance movement claims, depends on its tangible achievements.
~ Gideon Lewis-Kraus via The New Yorker

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Campus Trivia Night

Question: What has been the change in Colombia’s per capita GDP in both nominal and PPP terms – expressed in US Dollars – since 1995?

Via IMF datasets for Nominal GDP and PPP GDP respectively.

Year Nominal GDP per Capita (USD) GDP per Capita (PPP) (USD)
1995 $2,763 $6,962
2000 $2,538 $7,522
2005 $3,426 $9,268
2010 $6,380 $11,819
2015 $6,175 $14,354
2020 $5,312 $15,082
2025 (Est.) $8,247 $21,795

James A. Robinson is a prominent scholar and a professor at the University of Chicago’s Harris School of Public Policy. He has a long and deep research engagement with Colombia, spanning about 20 years, including teaching at Universidad de los Andes and extensive fieldwork. Mr. Robinson is the co-author along with Daron Acemoglu of Why Nations Fail and has spent several decades studying the Columbia’s institutional and economic development. Professor Robinson has written extensively on how Colombia has maintained a unique “middle path” of macroeconomic stability despite decades of internal conflict. His research often explores the intersection of political institutions, state capacity, and long-term economic growth in the Colombian context.

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