Jeffrey Sachs and Tyler Cowen present a conversation in which they are discussing the future of economic development. According to Cowen, Jeff’s cited work reveal that natural resources play a great role towards economic development. Jeff supports this idea by relating natural resources relates to wealth and purports that countries with oil resources have rich economy. They concur that the countries rich in resources will continue to grow and develop in economy while those with poor economy will face slow growth and development in economy. For instance, a nation like Canada rich in resources will have its economy Continue reading...