Can the Free Market End Global Poverty? Nobel Laureate Joseph Stiglitz vs. NYU’s William Easterly
15 Sep 2018 1 Comment
in applied price theory, comparative institutional analysis, development economics, economic history, growth disasters, growth miracles, history of economic thought Tags: The Great Enrichment, William easterly
Acemoglu on West Africa as the whiteman’s graveyard
13 Sep 2018 Leave a comment
in development economics, economic history, health economics Tags: age of empires, economics of colonialism
Short History of Colonialism Since 1492
12 Sep 2018 Leave a comment
in development economics, economic history, International law Tags: age of empires, Age of exploration, economics of colonialism, maps
How did Britain Conquer India? | Animated History
11 Sep 2018 Leave a comment
in development economics, economic history, growth disasters, growth miracles, Public Choice Tags: age of empires, British empire, colonialism, India
The legacies of colonisation by the British for Maori (aside from the abolition of slavery and no more musket wars)
10 Sep 2018 Leave a comment
in comparative institutional analysis, development economics, economics of crime, law and economics, politics - New Zealand, property rights Tags: age of empires, economics of colonialism
For more, see James Feyrer & Bruce Sacerdote, 2009. “Colonialism and Modern Income: Islands as Natural Experiments,” The Review of Economics and Statistics, MIT Press, vol. 91(2), pages 245-262, May.
They argue that the nature of discovery and colonization of islands provides random variation in the length and type of colonial experience. They instrument for length of colonization using variation in prevailing wind patterns and direction.
They argue that wind speed and direction had a significant effect on historical colonial rule but do not have a direct effect on GDP today. The data also suggest that years as a colony after 1700 are more beneficial than earlier years.
They also find a discernable pecking order among the colonial powers, with years under U.S., British, French, and Dutch rule having more beneficial effects than Spanish or Portuguese rule.
Entrevista con Edward Prescott
07 Sep 2018 Leave a comment
in budget deficits, business cycles, development economics, economic growth, Edward Prescott, fiscal policy, global financial crisis (GFC), great depression, great recession
Imran Khan is bad for Pakistan’s democracy | IN 60 SECONDS
07 Sep 2018 Leave a comment
in comparative institutional analysis, constitutional political economy, development economics, economic history, economics of bureaucracy, economics of crime, growth disasters, law and economics, poverty and inequality, Public Choice, rentseeking Tags: Pakistan, war against terror
The left would have us believe everything is getting worse and worse
06 Sep 2018 Leave a comment
in applied welfare economics, development economics, economic history, growth miracles, health economics Tags: Thee Great Escape
A Mexican student newspaper interviews Deirdre McCloskey
04 Sep 2018 Leave a comment
in applied price theory, development economics, economic history, growth disasters, growth miracles Tags: Deirdre McCloskey, The Great Enrichment
Would Socialism Better Our Lives?
03 Sep 2018 Leave a comment
in applied price theory, Austrian economics, comparative institutional analysis, development economics, economic history, economics of bureaucracy, growth disasters, growth miracles, history of economic thought, industrial organisation, law and economics, Marxist economics, property rights, Public Choice, survivor principle Tags: fall of communism, kibbutzim
Would Socialism Better Our Lives? https://nyti.ms/2MFC2v8
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