Davos Dreaming: Development without Development: “The calculation works not because 62 people own the vast majority of everything (they don’t), but because 3.5 billion people own barely anything. Both groups own less than 1% of the world’s wealth.”
1. The implications of Complexity for Development
I’ve been banging on about complexity for quite a while now. This is an, as they say, oldy but goodie. Owen Barder, one of the only people who actually justifies the title “expert”, runs through the implications of complexity for development. (Seriously, Owen Barder is so good, Francisco Toro of Boring Development asks the rhetorical question, “Why do people spend thousands of dollars on degrees in International Development when they could just download Owen Barder’s podcasts for free?) The policy implications are important: resist engineering, avoid isomorphic mimicry, resist fatalism, promote innovation, embrace creative destruction, shape development, embrace experimentation, and act global. The ultimate conclusion, however, is perhaps the most important: be humble!
3. God Loves Cleveland
I’m only slightly ashamed that LeBron news breaks into this list, but this article is really great. Sports are an important part of life and LeBron might be the most important athlete in professional sports right now.
4. Daron Acemoglu and James Robinson on Why Nations Fail Blog have been writing a series of posts on James Scott’s book Seeing Like a State. They are all worth a read:
Needless to say, I’ve recently purchased Scott’s book.
5. Tyler Cowen on Global Inequality.
This is the best summary on what we know (and don’t know) about income inequality, broadly speaking.
1. Did you know that the ICC (International Criminal Court)—a court that is designed to uphold the (agreed upon) global standards for human rights—has only indicted African leaders in its 11-year history? What should we think if this? Is the ICC simply doing its job or is this just another atrocity? Africa Attacks the International Criminal Court is a fantastic analysis of the African Union’s flight against the ICC’s “African witch hunts” by the Executive Director of Human Rights Watch, Kenneth Roth published in the New York Review of Books.