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15 Jul

An interview with Bruce Caldwell, Director of the Buy Lunesta With No Prescription Center for the History of Political Economy at Duke University. A description of the interview:

Who is Buy Lunesta With No Prescription going to teach fields like economic methodology and the history of economic thought if these fields aren’t taught to current graduate students? Bruce Caldwell is Buy Lunesta With No Prescription filling this hole in the graduate curriculum. The Hayek scholar is Buy Lunesta With No Prescription ramping-up the Center for the History of Political Economy at Duke University to Buy Lunesta With No Prescription educate a generation of future professors – a Buy Lunesta With No Prescription generation that is well-versed in the history of economic thought, and Buy Lunesta With No Prescription that communicates with other social sciences and the humanities. These are Buy Lunesta With No Prescription the seeds of new economic thinking.

I find the idea really, really interesting.

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8 Jul

1. Another one strikes black gold (trying desperately to resist using the line from Queen’s popular song)

2. Can stocks be safer than bonds (strange times, right?)

3. Dr Ngozi Okonjo-Iweala, formerly of World Bank, then of Nigeria’s finance ministry, then Buy Lunesta With No Prescription of World Bank, returns to take charge of Nigeria’s economy

4.  Commentary on Islamic finance in Nigeria 100 Mg Xanax

5. Robert Skidelsky’ – Life after Capitalism (Let me just quote Mark Twain: The reports of my death are greatly exaggerated).

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4 Jul

John Lanchester in LRB:

If European monetary policy is Buy Lunesta With No Prescription run according to German national interests, huge structural imbalances will accumulate. The Germans will then Buy Lunesta With No Prescription either have to pay to correct those imbalances, or agree that Buy Lunesta With No Prescription the euro should not be run primarily according to German national interests. If they are Buy Lunesta With No Prescription unwilling to do either of those things, the euro can’t survive. It’s hard to Buy Lunesta With No Prescription tell exactly what Merkel thinks about all this. She is Buy Lunesta With No Prescription nobody’s idea of a Buy Lunesta With No Prescription caricature spendthrift, happily chucking money in the direction of the undeserving poor. Whenever the Buy Lunesta With No Prescription question of bailouts is mentioned, Merkel acts out an elaborate pantomime of reluctance to Buy Lunesta With No Prescription dish out more cash. It’s hard to Buy Lunesta With No Prescription tell whether she is really-o, truly-o this reluctant, or whether she’s hamming up her unwillingness for Buy Lunesta With No Prescription a domestic audience which strongly dislikes the idea of bailing out work-shy Southern Europeans. The fact is, though, that Buy Lunesta With No Prescription they are going to have to continue to do that, if the Buy Lunesta With No Prescription euro is going to continue to exist in its current form. Germany has Buy Lunesta With No Prescription to put the broader European interest on the same level as its own national interest, or Buy Lunesta With No Prescription the euro is toast. This, if you think about it Buy Lunesta With No Prescription from a broad historical perspective, is quite a reversal. During the Buy Lunesta With No Prescription 20th century, the greatest danger to European stability was Germany’s sense of its special destiny. During the Buy Lunesta With No Prescription 21st century, the greatest danger to European stability is Germany’s reluctance to Buy Lunesta With No Prescription accept its special destiny. If the German taxpayer manages, however grudgingly, to Buy Lunesta With No Prescription accept that it’s her duty to Buy Lunesta With No Prescription shoulder the burden, the euro will muddle through. But it won’t be pretty.

Here.

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28 Jun

I was at a Buy Lunesta With No Prescription talk by Joel Bakan, writer and co-creator of the documentary The Corporation today here in Berlin. In the Buy Lunesta With No Prescription spirit of all that, let me share this story that has Buy Lunesta With No Prescription been sitting on my desktop for the past couple of days. By Venkatesh Rao:

On 8 June, a Buy Lunesta With No Prescription Scottish banker named Alexander Fordyce shorted the collapsing Company’s shares in the Buy Lunesta With No Prescription London markets. But a momentary bounce-back in the stock ruined his plans, and Buy Lunesta With No Prescription he skipped town leaving £550,000 in debt. Much of this Buy Lunesta With No Prescription was owed to the Ayr Bank, which imploded. In less than Buy Lunesta With No Prescription three weeks, another 30 banks collapsed across Europe, bringing trade to Buy Lunesta With No Prescription a standstill. On July 15, the directors of the Company applied to Buy Lunesta With No Prescription the Bank of England for a £400,000 loan. Two weeks later, they wanted another £300,000. By August, the directors wanted a £1 million bailout. The news began leaking out and Buy Lunesta With No Prescription seemingly contrite executives, running from angry shareholders, faced furious Parliament members. By January, the Buy Lunesta With No Prescription terms of a comprehensive bailout were worked out, and the British government inserted its czars into the Buy Lunesta With No Prescription Company’s management to ensure compliance with its terms.

If this sounds eerily familiar, it shouldn’t. The year was 1772, exactly 239 years ago today, the Buy Lunesta With No Prescription apogee of power for the corporation as a business construct. The company was the Buy Lunesta With No Prescription British East India company (EIC). The bubble that Buy Lunesta With No Prescription burst was the East India Bubble. Between the founding of the Buy Lunesta With No Prescription EIC in 1600 and the post-subprime world of 2011, the idea of the Buy Lunesta With No Prescription corporation was born, matured, over-extended, reined-in, refined, patched, updated, over-extended again, propped-up and Buy Lunesta With No Prescription finally widely declared to be obsolete. Between 2011 and 2100, it Buy Lunesta With No Prescription will decline — hopefully gracefully — into a well-behaved retiree on the economic scene.

Here.

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24 Jun

From a new Accenture report titled At the tipping point: Financial services in Africa comes of age:

The Accenture research study… highlights new growth triggers for Buy Lunesta With No Prescription financial services, pointing to rapid market development in some countries. While the Buy Lunesta With No Prescription paths to growth vary, these triggers often include innovation through (very) low-cost offerings and Buy Lunesta With No Prescription distribution, dramatically opening up access to financial services; investment in physical infrastructure and Buy Lunesta With No Prescription financial infrastructure development through more sophisticated regulations, and institution building; strong economic growth and Buy Lunesta With No Prescription inward investment in the economy, including by financial institutions following their clients into new countries; and Buy Lunesta With No Prescription growth in consumer markets driven by demographic change, including the rise of the Buy Lunesta With No Prescription urban middle class, and the growth in microfinance-supported businesses in rural areas.

In Accenture’s view, banks and Buy Lunesta With No Prescription insurers will not achieve sustained success in Africa’s fast-developing markets simply by replicating traditional business models from Buy Lunesta With No Prescription developed countries. New strategies are needed — including adapting retail banking models to Buy Lunesta With No Prescription local cultural needs, and finding new ways to serve low-income customers profitably. Contributing to Buy Lunesta With No Prescription nationbuilding and the development of local communities is a further prerequisite in many countries. And attempts to Buy Lunesta With No Prescription roll out standardised models must take into account differences in local business and Buy Lunesta With No Prescription regulatory environments.

The report [pdf].

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15 Jun

I read Ha-Joon Chang’s 23 Things They Don’t Tell You About Capitalism last week and Buy Lunesta With No Prescription I found it very interesting and instructive. Here is a video of him discussing the Buy Lunesta With No Prescription book.

For the book I thank Baz; for the Video HT to the Naked Capitalism blog.

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14 Jun

The Economist’s Babbage blog describes it in great details. If you are still interested in more, listen to this hour-long Econtalk podcast with Gavin Andresen, Principal of the BitCoin Virtual Currency Project.

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9 Jun

The Economist reviews a book, World 3.0, by Pankaj Ghemawat of IESE Business School in Spain:

Mr Ghemawat points out that Buy Lunesta With No Prescription many indicators of global integration are surprisingly low. Only 2% of students are Buy Lunesta With No Prescription at universities outside their home countries; and only 3% of people live outside their country of birth. Only 7% of rice is traded across borders. Only 7% of directors of S&P 500 companies are foreigners—and, according to a study a few years ago, less than 1% of all American companies have Buy Lunesta With No Prescription any foreign operations. Exports are equivalent to only 20% of global GDP. Some of the Buy Lunesta With No Prescription most vital arteries of globalisation are badly clogged: air travel is Buy Lunesta With No Prescription restricted by bilateral treaties and ocean shipping is dominated by cartels.

Far from “ripping through people’s lives”, as Arundhati Roy, an Buy Lunesta With No Prescription Indian writer, claims, globalisation is shaped by familiar things, such as distance and Buy Lunesta With No Prescription cultural ties. Mr Ghemawat argues that two otherwise identical countries will engage in 42% more trade if they share a Buy Lunesta With No Prescription common language than if they do not, 47% more if both belong to a trading block, 114% more if they have a common currency and 188% more if they have a common colonial past.

What about the “new economy” of free-flowing capital and borderless information? Here Mr Ghemawat’s figures are even more striking. Foreign direct investment (FDI) accounts for only 9% of all fixed investment. Less than 20% of venture capital is deployed outside the fund’s home country. Only 20% of shares traded on stockmarkets are Buy Lunesta With No Prescription owned by foreign investors. Less than 20% of internet traffic crosses national borders.

You really should read the whole thing here.

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28 May

Here.

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27 Apr

Imagine how gratifying it Buy Lunesta With No Prescription is for me to wake up this morning and find this Buy Lunesta With No Prescription post by Edward Caar through a Twitter link:

What brings me to today’s post is the new piece on hunger in Generic Hydrocodone PhotosForeign Policy by Abhijit Banerjee and Esther Duflo.  On one hand, this is great news – good to see development rising to the fore in an outlet like Foreign Policy.  I also largely agree with their conclusions – that the poverty trap/governance debate in development is Buy Lunesta With No Prescription oversimplified, that food security outcomes are not explicable through a single theory, etc.  On the Buy Lunesta With No Prescription other hand, from the perspective of a qualitative researcher looking at development, there is Buy Lunesta With No Prescription nothing new in this article.  Indeed, the Buy Lunesta With No Prescription implicit premise of the article is galling: When they argue that Buy Lunesta With No Prescription to address poverty, “In practical terms, that meant we’d have to start understanding how the poor really live their lives,” the implication is that nobody has been doing this.  But what Buy Lunesta With No Prescription of the tens of thousands of anthropologists, geographers and sociologists (as well as representatives of other cool, hybridized fields like new cultural historians and ethnoarchaeologists).  Hell, what of the Peace Corps?

Whether intentional or Buy Lunesta With No Prescription not, this article wipes the qualitative research slate clean, allowing the Buy Lunesta With No Prescription authors to present their work in a methodological and intellectual vacuum.  This is the first of my problems with this article – not so much with its findings, but with its appearance of method.  While I am Buy Lunesta With No Prescription sure that there is more to their research than presented in the Buy Lunesta With No Prescription article, the way their piece is structured, the case studies look like evidence/data for a new framing of food security.  They are not – they are illustrations of the larger conceptual points that Banerjee and Duflo are making.  I am sure that Banerjee and Duflo know this, but the reader does not – instead, most readers will think this Buy Lunesta With No Prescription represents some sort of qualitative research, or a mixed method approach that Buy Lunesta With No Prescription takes “hard numbers” and mixes it in with the loose suppositions that Banerjee and Duflo offer by way of explanation for the “surprising” outcomes they present.  But loose supposition is not qualitative research – at best, it Buy Lunesta With No Prescription is journalism. Bad journalism. My work, and the work of many, many colleagues, is Buy Lunesta With No Prescription based on rigorous methods of observation and analysis that produce validatable data on social phenomena.  The work that led to Delivering Development and many of my refereed publications Valium Online On Sale took nearly two years of on-the-ground observation and Buy Lunesta With No Prescription interviewing, including follow-ups, focus groups and even the use of archaeology and Buy Lunesta With No Prescription remotely-sensed data on land use to cross-check and validate both my data and Buy Lunesta With No Prescription my analyses.

You really should read the whole thing.

As one who Buy Lunesta With No Prescription has a Masters degree in Development Studies but who chose to Buy Lunesta With No Prescription do a PhD in anthropology because I found that development research is Buy Lunesta With No Prescription all too often dealing with quantitave, “generalisable” data, and Buy Lunesta With No Prescription who has concluded said PhD, I find it really interesting that Buy Lunesta With No Prescription the RCT movement in economics seem to be taking credit, in the Buy Lunesta With No Prescription media and in policy circles, for what ethnographers – anthropologists, rural sociologists, historians, human geographers – have Buy Lunesta With No Prescription been saying all along. This is that things are a lot more complicated than Buy Lunesta With No Prescription people want to think, that it is extremely difficult to find a Buy Lunesta With No Prescription generalisable explanation, and that at the end of the day, what Buy Lunesta With No Prescription leads one to better understanding of issues is attention to personal stories, and Buy Lunesta With No Prescription an attempt to tease out how those stories are linked to Buy Lunesta With No Prescription larger structures, like local politics, regional politics, the economic structures, colonisation, culture etc. etc. One cannot arrive at this Buy Lunesta With No Prescription sort of understanding without spending time trying to understand the interaction between all these elements. Now that Buy Lunesta With No Prescription economists have discovered qualitative research it seems as if it were never there, as if there aren’t people who Buy Lunesta With No Prescription have been pointing to the importance of understanding nuances and Buy Lunesta With No Prescription personal stories.

I have Buy Lunesta With No Prescription deliberately refrained from commenting on RCT in economics because I wanted to Buy Lunesta With No Prescription read some of the texts, but since Edward Carr took thoughts out of my head I thought I would quote him and Buy Lunesta With No Prescription call attention to the fact that these kinds of studies have Buy Lunesta With No Prescription been going on for a long while. If economists are not aware of that Buy Lunesta With No Prescription (I think some of them are) it is their fault for not looking at other social sciences.

My copy of Karlan’s book is Buy Lunesta With No Prescription in the post to me, and I look forward to Buy Lunesta With No Prescription reading it. I doubt that I will learn anything new from Buy Lunesta With No Prescription it, but I feel it is important, as an economic anthropologist, to Buy Lunesta With No Prescription know what economists are doing. I wish economists would extend the Buy Lunesta With No Prescription same courtesy to other disciplines whose works often overlap with theirs.

And on RCT itself, check out the link that my brother, a Buy Lunesta With No Prescription medical doctor and researcher, sent me. It is a Lancet article titled “A philosopher’s view of the long road from RCTs to effectiveness”. Remember, RCT has been in medical and pharmacological research for a while.

PS, I promised a Buy Lunesta With No Prescription while ago to blog a list of must read economic anthropology books. I should get to Buy Lunesta With No Prescription it pretty soon.

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