Commodity Prices and Paradigm Shifts - "The real paradigm shift, or more like a paradigm drift, because it is slowly enveloping us, is that we are moving toward preferences and lifestyle where we will simply consume less. A lot less... [more inside]
posted by kliuless on May 30, 2011 - 88 comments

The Politically Incorrect Guide to Ending Poverty In the 1990s, Paul Romer revolutionized economics. In the Aughts, he became rich as a software entrepreneur. Now he's trying to help the poorest countries grow rich—by convincing them to establish foreign-run "charter cities" within their borders. Romer's idea is unconventional, even neo-colonial—the best analogy is Britain's historic lease of Hong Kong. And against all odds, he just might make it happen. (via cc) [more inside]
posted by kliuless on Jun 10, 2010 - 92 comments

"The conventional wisdom that Africa is not reducing poverty is wrong." [PDF, 339.97 KB] [more inside]
posted by SpringAquifer on Mar 2, 2010 - 21 comments

The New Kaldor Facts: Ideas, Institutions, Population, and Human Capital [pdf] - "For now, we think that progress is likely to be most rapid if we follow the example of the neoclassical model and treat institutions the way the neoclassical model treated technology... Further out on the horizon, one may hope for a successful conclusion to the ongoing hunt for a simple model [1] of institutional evolution. Combining that with the unified approach to growth outlined here would surely constitute the economics equivalent of a grand unified theory..." [2, viz. previously] This might, as it were, be a subset of collective cognition (or, possibly, autism [3]).
posted by kliuless on Jul 14, 2009 - 9 comments