Why India is poorer than the US – A Nobel Prize winning theory

18/10/2024 8 min

Listen "Why India is poorer than the US – A Nobel Prize winning theory"

Episode Synopsis

300 years ago, India was richer than the US. But today, the US per capita GDP is a whopping 11 times higher than India’s. What went wrong? Is the British colonisation to blame? But the British colonised the US too and it didn't suffer our fate.That's what we explain in this edition of Money Order, our weekly podcast on all things economy.