Oh, wow, oh, oh, wow, oh, wow, oh, oh, man.

Oh, my.

And the world. Hello, you're listening to the Science of Everything podcast, episode 104,

Economic Growth and Development Part 2, History of the World Economy.

So in this episode, we're continuing on from obviously the previous episode,

which was an introduction to poverty and growth,

and here I'm going to deliver a concise history of the world economy.

So this is a bit more of a history lesson than

I think we've ever had on the science of everything before, but it's necessary to really

understand a lot of the things that I'm going to subsequently talk about to have the kind of

background to what's happened. So this is kind of focusing on the when and the where aspect of

economic growth, looking at which places have

grown and which haven't. It's useful to bear in mind the categorization of high, middle,

and low-income countries that I mentioned in the previous episode when thinking about this,

because this is sort of an attempt to explain when this divergence happened and where it happened,

and not exactly why, but maybe hinting at some of the reasons

why, and then we'll talk about more of the why later. I do want to emphasize that in this

series of episodes, I'm primarily interested in explaining differences in contemporary growth

rates, particularly since the Second World War. I'm less interested in the historical

questions as to say why the Industrial Revolution occurred in Britain, for example.

I will talk about that a bit in this episode, but it's a little bit different from trying to address the questions to differences in

contemporary growth rates as opposed to growth rates 200 years ago, which you need to sort of think about some different questions in.

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