This is the most important graph in the world. An entire industry depends on denying it. pic.twitter.com/qh1eO0sjei
— Daniel Hannan (@DanielJHannan) February 26, 2015
Is Piketty a double secret neoliberal? A charter schools fan even?
25 Feb 2015 Leave a comment
in applied welfare economics, development economics, economic history, growth miracles, human capital, labour economics, politics - New Zealand, politics - USA, poverty and inequality Tags: Paul Krugman, Thomas Piketty
The shifting sources of greenhouse gas emissions
24 Feb 2015 Leave a comment
in development economics, environmental economics, global warming, growth miracles, politics - Australia, politics - New Zealand, politics - USA Tags: China, climate alarmism, free riding, game theory, global public goods, global warming
Default and Lost Opportunities: A Message from Argentina for Euro-Zone Countries – Dallas Fed
22 Feb 2015 Leave a comment
in applied welfare economics, development economics, economic history, growth disasters, growth miracles, international economics Tags: Argentina, sovereign defaults
What works in overseas development assistance?
21 Feb 2015 Leave a comment
in development economics, growth disasters, growth miracles Tags: overseas development assistance
Words used in Chinese books illuminate how a nation’s values changed during economic reforms | UCLA
19 Feb 2015 Leave a comment
in Austrian economics, development economics, economic history, economics of media and culture, growth miracles, industrial organisation Tags: China, transitional economies

Use of the word “communal” rose sharply during the Cultural Revolution, especially from 1970 to 1976; it decreased during the 1980s. (China launched economic reforms in 1978, and they continue to this day.)
The word “autonomy” was used just one-third as frequently as “obedience” in 1970. In 2008, the ratio had flipped and “autonomy” appeared three times as much as “obedience.”
The increase in use of words like “choose,” “compete,” “private,” “autonomy” and “innovation” demonstrated a growing prevalence of individualistic values coinciding with sharp rises in urban population, household consumption and education levels.
Words reflecting communal values, such as “help” and “sacrifice,” declined in frequency.
via Words used in Chinese books illuminate how a nation’s values changed during economic reforms | UCLA.
19 years of sustained growth of global crop biotechnology, the developing world’s rise as a GM producer | Genetic Literacy Project
18 Feb 2015 Leave a comment
in development economics, economics of media and culture, growth miracles Tags: GMOs
Yes it is possible to end poverty
17 Feb 2015 Leave a comment
East Asian Tigers seem to run out of steam in the early 1990s
16 Feb 2015 Leave a comment
in development economics, growth miracles Tags: Asian Tigers, Japan

Source: Edward Prescott












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