settler mortality @wacstan
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@_TimBarker @njtmulder Higher growth would be nice (unless you're a degrowther) but I don't understand what is the problem with global growth being at 1-1.5% p.a. I have never expected another East Asia in any other region of the world. People should forget about faster growth & focus on distribution.
Must be so tight to have some kind of vague but well compensated professional services job and have bought a house in a city in 1993 and then have insane left degrowther primitivist politics
Powerful piece from @MaxCRoser on global inequality Misses one key point: If "people live in poverty not because of who they are, but because of where they are..." (👇📊) 𝙇𝙚𝙩 𝙥𝙤𝙤𝙧 𝙥𝙚𝙤𝙥𝙡𝙚 𝙢𝙤𝙫𝙚. qrius.com/how-much-econo…
I think one of the most bizarre things for me how government ownerships and planning is retconned by leftist take makers as some unique to them thing and not the thing like just almost everyone tried to do.
For international women's day (tomorrow), here's a game of under-rated & over-rated: Over-rated - Female education - Role models Under-rated - Structural transformation - Public safety for women (In the absence of the latter, the former do not galvanise much social change).
@not_devy The main similarity between a landlord and a YouTuber is that neither of them have jobs.
> labor rights > industrial policy pick one. all "successful" cases of IP (SK, Japan, Taiwan) relies on enormous labor repression. labor repression is industrial policy.
> labor rights > industrial policy pick one. all "successful" cases of IP (SK, Japan, Taiwan) relies on enormous labor repression. labor repression is industrial policy.
When you look at these figures, plus note that the median income (not GDPpc) in the world is about $7.5 per person per day, which is 1/2 of typical poverty lines in rich countries, it is hard to see how one can seriously maintain that the world should no longer grow.
When you look at these figures, plus note that the median income (not GDPpc) in the world is about $7.5 per person per day, which is 1/2 of typical poverty lines in rich countries, it is hard to see how one can seriously maintain that the world should no longer grow.
People who often write about degrowth are people whose annual incomes are ~25-30 times higher than the median world income. Suppose they lose ~95% of the income they currently have, which would bring them down to the median. Would they like degrowth?
Geekily excited about the convergence between Bob Allen's long-run economic history perspective on global technical change and @rodrikdani 's recent work on the 'puzzle' of capital-intensive manufacturing in Ethiopia and Tanzania. sciencedirect.com/science/articl… drodrik.scholar.harvard.edu/publications/a…
The rise and fall of the Washington consensus narrative in IMF reports. Most interesting paper, sifting through 00s of IMF reports (by R Cherif, M Engher, F Hasanov) imf.org/en/Publication…
An amusingly bizarre talking point I've seen from min wage critics of late: publication bias against studies finding negative effects reflecting "politicization." What's bizarre is this: it is well known there *is* publication bias--towards finding negative, stat sig results! 1/
Since Trump’s almost out of office, I figured this would be a fun time to remind everyone of the weirdest & dumbest sh*t our failed dictator did in the last four years that we totally forgot about. Starting with a classic: STARING DIRECTLY INTO THE SUN DURING A SOLAR ECLIPSE
Gerhard Toews and Pierre-Louis Vézina find that "enemies of the people" who were sent to the gulag had unexpected positive effects for areas around the gulags. A surprising result that is worth considering for future research #econhist #econtwitter osf.io/preprints/soca…
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Fertility is either low or falling steadily everywhere, even in Africa.
My #SER paper on the #DevelopmentalState in Israel *finally* received page numbers and is out in the latest issue of @Sase. Since I didn’t write a thread for it when it was first released, I figured I’d do one to celebrate the occasion. 1/11🧵👇
@nunopgpalma @dkedrosky @MDrelichman BTW, very nice that you cite Matsuyama (1992). In the lit review, it also makes sense to connect your paper to Rodriguez & Rodrik (2000) which builds on Matsuyama to critique Sachs-Warner; and also to Williamson’s work on deindustrialisation of the periphery in the 19th century
@dkedrosky @nunopgpalma @MDrelichman It's not about the level of effective protection that the objective social planner might have imposed circa 1700. I assume protection (or lack thereof) is politically endogenous. I cannot imagine British or even French manufacturers in the late 17th or early 18th c sitting idly..
@dkedrosky @nunopgpalma @MDrelichman ...as competitive imports penetrated the domestic market. Wool and silk manufacturers actively lobbied Parliament to restrict imports of Indian cottons (which were imported by the British East India Company)
@PromeTeezus Pictured: definitely not a shitload of money spent on social engineering experiment
@nominalthoughts Once you start thinking about it, it's very hard to stop.
Woke up thinking about the constant oppression of globe twitter
@wacstan @maitreesh @AiyarYamini There is a lot in the talk, including recent developments. Might be worth listening to.
About to get this threesome started. Just looking for a third. And a second too.
Give a kid a fish and... she'll learn to read and her kids will be taller.
What happened when India started feeding *100 million* school kids a day? ⬆️ School attendance ⬆️ Learning ⬇️ Malnutrition And now... ⬇️ Malnutrition among the kids of the kids who first got fed. nature.com/articles/s4146… ht @MilanV
What happened when India started feeding *100 million* school kids a day? ⬆️ School attendance ⬆️ Learning ⬇️ Malnutrition And now... ⬇️ Malnutrition among the kids of the kids who first got fed. nature.com/articles/s4146… ht @MilanV
Fun activity: Look at this "utopian" photo and list all the things people would complain about if there were a city that looked like this.
A professional update: I joined the economics group at IIT Bombay this summer. Looking forward to the upcoming monsoon semester, teaching, and interactions, and to being a part of the Mumbai ecosystem!
@not_devy this is legitimately the worst thing i have ever seen thank you devy
In the long 19th century (up to 1914), ALL countries in the Global South — colonised or non-colonised, including Japan — were constrained by the international system set up by the European powers.
@Noahpinion "As long as there have been physicists, there have been physicists who worry their field has come up against an insuperable barrier." scientificamerican.com/article/the-se…
@arindube White people are obsessed with anything that allows them to be faux-repressed or faux-oppressed. As the saying goes “everybody loves to be Black until the police show up”
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