Korean Peninsula at Night

Koreans are nuts. They created the world’s most extreme communist dystopia and the world’s most extreme capitalist dystopia on the same peninsula. Summarizing the economics Nobel prize in two words: Institutions matter. KOREAN PENINSULA AT NIGHT CHINA NORTH KOREA SOUTH KOREA AMOUNT OF LIGHT OBSERVED FROM SPACE AT NIGHT More Less 100 km

A satellite image shows the Korean Peninsula at night, with brightly lit South Korea and mostly dark North Korea. The joke contrasts the two countries as extreme capitalist and communist dystopias, while the embedded quote says that institutions matter as an explanation for their radically different economic outcomes. EN: A satellite image shows the Korean Peninsula at night, with brightly lit South Korea and mostly dark North Korea. The joke contrasts the two countries as extreme capitalist and communist dystopias, while the embedded quote says that institutions matter as an explanation for their radically different economic outcomes.

• @eternalclassic / 59143 2024-10-17