Monthly Archives: May 2011

Not-so-great moments in development economics

The food crisis in Africa has had a large number of parents, but key among them has to be the persistent failures of policies developed in accord with the changing fashions of economic orthodoxy. In the early days of post-Independence, … Continue reading

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Markets and coercive aggregation

Daniel Little has yet another interesting post, this one on the topic of aggregation dynamics: The social world starts with social individuals. So how do we get more complex social outcomes out of the actions and thoughts of independent individuals? … Continue reading

Posted in Coercive aggregation, Finance and capital markets, Food markets & development | 6 Comments

Great moments in bureaucratic euphemism

From the 1982 World Bank Development Report: Transport infrastructure can be constructed and maintained in a number of ways. Some require large infusions of expensive foreign equipment, others utilize abundant local labor. China is noted for its success in mobilizing … Continue reading

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Financial fragility in the U.S.

As Atrios would say, perhaps somebody should do something about this. The WSJ Real Time Economics blog: Nearly half of Americans say that they definitely or probably couldn’t come up with $2,000 in 30 days, according to new research, raising … Continue reading

Posted in Inequality | Leave a comment

The hermeneutics of the bumpit

This kind of thing was all the rage when I did my undergraduate studies, and was the primary reason I avoided sociology until I learned what I was missing (though, to be fair, this event is student-initiated): Earlier this month, … Continue reading

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When food markets don’t work

It remains a source of astonishment to me that otherwise highly intelligent people can wave away some heroic assumptions that end up having enormous effects (on other people, usually). One of the biggest is the assumption that everyone with access … Continue reading

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Eli Pariser and the filter bubble

It is hard to put into words just how dangerous this sort of sub rosa information filtering is, so hats off to Pariser (of  for at least trying to build awareness. Though what anyone can do, other than the … Continue reading

Posted in Information and systems | Leave a comment