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Tag Archives: Jeffrey Sachs

The Development Satire Industry Reaches New Lows: Why?

I just found out about another contribution to the exploding development satire field. It’s in EXTREMELY bad taste, is often disgusting, and always features  lacerating and offensive  satire  … therefore, some of you will LOVE it.

It’s based around a blog called HR International (to keep our blog’s PG-13 rating, I will not at this time spell out what HR stands for).  I found out about it because I am one of the 3 people that @hreliefint…

Posted in Satire and parodies | Also tagged 39 Comments

Jeff Sachs, welcome to Twitter!

As of 11 am today (2/26), Jeff Sachs has started posting on Twitter as @jeffdsachs. Here is some of the early traffic in which yours truly has a tiny stake (I have omitted who did the T for privacy):

(anon): Just noticed that @bill_easterly is following @jeffdsachs but not vice versa / Hilarious

@bill_easterly: This hurts :>) RT  Just noticed that @bill_easterly is following @jeffdsachs but not vice…

Posted in Aid debates, Technology | Also tagged 8 Comments

Who gets the Last Seat on the Plane? Why Aid Hates Economics

Not long ago, I was returning home from a trip when the airline bumped me from my flight due to overbooking. The airline rep was very sympathetic, but I didn’t want her sympathy, I wanted A Seat On the Plane. She had traded off my wishes against those of other passengers, and I lost.

Economists are unpopular because we say there is always SOME resource that is overbooked in aid, and aid is Forced to…

Posted in Metrics and evaluation | Also tagged , , , 15 Comments

An oil purse is a curse, of course?

This post is by Adam Martin, a post-doctoral fellow at DRI.

In development economics everyone knows that natural resources are a curse. A well-known study by Sachs and Warner found a negative correlation between resource abundance and growth rates, while subsequent studies have shown a negative relationship with democracy.

The Curse enjoys wide appeal. Aid skeptics like that it implicates oppressive domestic government and nationalized industries. Aid supporters are drawn to its emphasis on geography…

Posted in Academic research, Data and statistics, Democracy and freedom | Also tagged , 22 Comments

Democracy and development look different from inside a jail cell

One of my most inspirational experiences lately was to meet with an African democratic opposition leader whom I had long admired from afar.

He earned his credentials the hard way — he spent years in jail under the dictatorial government of his country.

While in jail, he read the foreword to one extremely popular book on The End of Poverty. The author thanked the dictator who had jailed the opposition leader for the dictator’s…

Posted in Big ideas, Democracy and freedom | Also tagged 10 Comments

Do Millennium Villages work? We may never know

Jeffrey Sachs’ Millennium Villages Project has to date unleashed an array of life-saving interventions in health, education, agriculture, and infrastructure in 80 villages throughout ten African countries.

The goal of this project is nothing less than to “show what success looks like.” With a five-year budget of $120 million, the MVP is billed as a development experiment on a grand scale, a giant pilot project that could revolutionize the way development aid is done.…

Posted in Aid policies and approaches, Metrics and evaluation | Also tagged , , , , 21 Comments

How to Reach Closure after Bloodstained-Car Wreck-Level Trauma of Debating Sachs?

In an attempt to wrap up the endless back and forth on the Huffington Post (my latest post went up today), here is a cheat sheet of how the debate proceeded. Since this was produced by one of the debate participants, it might be a trifle one-sided:

Posted in Aid policies and approaches | Also tagged 21 Comments

The 50th Anniversary of The Answer: Muddling Through

John Kay in the Financial Times today celebrates the 50th anniversary of a classic article by the American political scientist Charles Lindblom, column in the New York Times last week about agricultural aid (Sachs seems to have at least briefly returned to aid after a prolonged foray into global warming and commenting on rich country macroeconomic policy vis-à-vis the Crash). A bit of the “root” planning method seems evident:

The {aid} recipient countries

Posted in Aid policies and approaches, In the news | Also tagged , , , 3 Comments

Jeff Sachs is Right! (at least about one thing)

When the global economy is in free fall and everyone else seems ready to throw each and every Econ 101 principle out the window, we economists – including some previously heterodox – get desperate to save the core principles that lead to prosperity and development.

See Economists Go Back to Basics at Forbes.com.

Posted in Economics principles | 9 Comments