gwern comments on Minor, perspective changing facts - Less Wrong

38 Post author: Stuart_Armstrong 22 April 2013 07:01PM

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Comment author: gwern 23 April 2013 09:15:49PM 15 points [-]

That's more a fact about the massive volatility of resource-extraction economies than anything else, really. That's how you get things like a projected GDP growth rate of +60% this year and -50% last year in Southern Sudan (those are not typos).

Comment author: Jiro 24 April 2013 09:43:55PM 7 points [-]

Besides, it's much easier to be "fast growing" when you start from a low base. That's why "fastest growing" almost always indicates hype when used to try to sell you something.