Niall Ferguson: The 6 killer apps of prosperity

The video discusses the historical economic disparity known as the Great Divergence, where Western nations became significantly wealthier than others. It attributes this to six 'killer apps': competition, scientific revolution, property rights, modern medicine, consumer society, and work ethic. The video argues that these factors, rather than geography or imperialism, led to Western dominance. It also highlights the ongoing Great Reconvergence, where non-Western countries are catching up economically, and discusses the potential of Latin America in this context.

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