And, yet again, on what kills economic growth ...
Not long ago an economics Associate Professor based in South Africa argued for expropriation of property in South Africa.
The Nobel laureate Douglass North argues that (good) institutions are the main determinant of economic growth. And Acemoglu, Johnson and Robinson in their papers argue that an increase in the risk of expropriation (a proxy for institutional quality) is associated with lower growth rates.
And again, education matters!
I am Associate Professor in the Department of Economics at the University of Pretoria, South Africa.