I think that's exactly his point, actually, although I thought that was quite well understood. E.g. "How Asia works" explained the difference between taiwan/japan/s korea on one hand, and philipines/indonesia/malaysia on the other hand exactly around this axis.
Tyler Cowen tends to be one of the few famous economist who do admit that even though not well understood, there is such a thing as "culture" that influences economics and that is important, so I guess that's his angle. Another mystery under that angle is why France managed to modernize so well in XIXth, even though it had bad institutions. See e.g. Rodrik/Cowen talking about this in https://medium.com/conversations-with-tyler/a-conversation-w... (search for "Barrington Moore" section). In How Asia Works, the author argued quite convincingly about the importance of land reform, and how splitting huge landlors domains into small pots of lands was critical. As each farmer would get incentivized to improve their production, skills and market mechanisms develop much more quickly.
Tyler Cowen tends to be one of the few famous economist who do admit that even though not well understood, there is such a thing as "culture" that influences economics and that is important, so I guess that's his angle. Another mystery under that angle is why France managed to modernize so well in XIXth, even though it had bad institutions. See e.g. Rodrik/Cowen talking about this in https://medium.com/conversations-with-tyler/a-conversation-w... (search for "Barrington Moore" section). In How Asia Works, the author argued quite convincingly about the importance of land reform, and how splitting huge landlors domains into small pots of lands was critical. As each farmer would get incentivized to improve their production, skills and market mechanisms develop much more quickly.