Hope as a “Gustibus Multiplier” in Development Economics

What is a “Gustibus Multiplier”? That is what I thought when I read the title of Michael Carter’s recent paper in Agricultural Economics entitled, “What farmers want: the ‘gustibus multiplier’ and other behavioral insights on agricultural development“. It turns out, De gustibus non est disputandum is a Latin phrase meaning “In matters of taste, there can be no…

Links I Like [11.16]

Potential Conflicts Around the Globe for Trump, the Businessman President How Economic Gobbledygook Divides Us What Ebenezer Scrooge and Tiny Tim can tell us about economics The correlation between education and white support for Trump disappears when you control for racial resentment Why “God is in Control” is Just the Starting Place American Political Decay…

Machine Learning in Economics… A Fad?

Over the holiday weekend (in the United States) The Economist ran an article with the title: “Economists are Prone to Fads, and the Latest is Machine Learning“. As I am currently taking a class on ‘Big Data for Economists’, this article peaked my interest. The following chart was shown to visualize some recent trends within…

Reflections on the Past Week

Like many people, I’ve spent the last week numb – and to be perfectly honest – shocked. I process best by writing and I’ve written a lot over the past week. Most of this writing won’t be shared (not on this blog anyway). I’ve thought a lot about what the role of this blog is…

Links I Like [10.16]

The Surprising News About Unreached People Groups How to help microenterprises scale up their business: Evidence from South Africa (Spoiler: it is about targeting specific programming for specific types of people.) Remember #BringBackOurGirls? It hasn’t gotten better, and it is probably worse ‘Africa Rising’? ‘Africa Reeling’ May be More Fitting Now “Africa Yearning or Africa Struggling might…

Mapping the World’s Immigration Flows

Super cool mapping of the world’s immigration flows, country-by-country. This map shows the estimated net immigration (inflows minus outflows) by origin and destination country between 2010 and 2015. Blue circles = positive net migration (more inflows). Red circles = negative net migration (more outflows). Each yellow dot represents 1,000 people. On original website, you can zoom in…

Links I Like [9.16]

Is globalization bad for the global poor? A nice write-up on Dercon and Blattman’s “randomizing sweatshops” study in Ethiopia. Why is it so hard for academics and NGOs to work together? (and what can be done about it) Who is the worst culprit of using international development jargon in their reports? (and why we all should use less…