Rafael’s Commentary
Rafael GuthmannThoughts in economics, society, politics, and history
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 24 | Founded | 4 years ago | Last Issue | a year ago |
| Active | |||||
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rafaelrguthmann.substack.comLatest Issues
The Role of Firm Mergers in Innovation and Economic Growth
The merger of Carnegie Steel (a factory of theirs is in the picture above) with nine other steel companies in the early 20th century led to the formation of what was at the time the largest company in the world, with a market capitalization...
When will academics stop claiming that China and Europe "diverged"?
There is an idea that Europe and China were on similar trajectories in antiquity and then that they diverged politically in the Middle Ages (and in terms of economic development only in the Modern period) and that this divergence is some pu...
Fertility and the Life Cycle of Civilizations
Introduction
The global collapse of fertility levels over the last couple of generations has been dramatic. It has made economists wonder about its implications for the future, as a growing population appears to be a necessary condition fo...
The Industrial Revolution was just catch-up growth
Edited: September 30
One common topic of discussion is the idea that the Ancient World (i.e., the Mediterranean world of classical antiquity) failed to achieve an “industrial revolution,” and there is substantial discussion among historian...
The world is multipolar now and this is a good thing
Introduction
In the geopolitical sense, the world today is already very different from the world of the 1990s. That is because during the 1990s the world was unipolar, while as of 2023, the world is multipolar. But this is good: while unip...
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The writers behind this newsletter.
An economist with broad interests. Personal website: https://www.rafaelguthmann.com/
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