Despite the past centuries’ economic setbacks and challenges, are there reasons for optimism about Africa’s economic prospects? We provide a conceptual framework and empirical evidence that show how the nature of African society has led to three sets of unrecognized “latent assets.” First, success in African society is talent driven and Africa has experienced high […]
That is the topic of my latest Bloomberg column, here is one excerpt: Recently the CBO issued a working paper considering what would happen if U.S. government expenditures were to consume an additional 5% to 10% of GDP. The results are pretty grim: By 2030, because of higher taxes and higher borrowing, the level of […]
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I will be doing a Conversation with him, here is the opening part of his Wikipedia page: Pierpaolo Barbieri (Buenos Aires, May 17, 1987) is an economic historian, researcher, Executive Director at Greenmantle[and founder of Ualá, an Argentina-based personal financial management mobile app. He is the author of the book Hitler’s Shadow Empire: The Nazis […]
‘Neither Israel nor Iran want to publicly take responsibility for the attacks because doing so would be an act of war with military consequences,’ Hossein Dalirian, a military analyst affiliated with Iran’s Islamic Revolutionary Guards Corps, told The New York Times in a Clubhouse discussion on Thursday. Here is the full NYT article.
The post A quiet war, with mutual option values on both escalation and further Clubhouse comments appeared first on Marginal REVOLUTION.
Próspera is the first project to gain approval from Honduras to start a privately governed charter city, under a national program started in 2013. It has its own constitution of sorts and a 3,500-page legal code with frameworks for political representation and the resolution of legal disputes, as well as minimum wage (higher than Honduras’s) and income taxes (lower in most […]
Emmanuel Todd, that is. Here is a recent paper from Jerg Gutmann and Stefan Voigt: Many years ago, Emmanuel Todd came up with a classification of family types and argued that the historically prevalent family types in a society have important consequences for its economic, political, and social development. Here, we evaluate Todd’s most important […]
Here is the audio, video, and transcript. Here is part of the summary: She joined Tyler to discuss what caused the Bronze Age Collapse, how well we understand the level of ancient technologies, what archaeologists may learn from the discovery of more than a hundred coffins at the site of Saqqara, how far the Vikings […]
The post My Conversation with Sarah Parcak, space archaeologist and Egypt lover appeared first on Marginal REVOLUTION.
In March 2020, the Trump administration put into place one of the most controversial and restrictive immigration policies ever implemented at the U.S. border — and in January, President Biden quietly continued it. The Biden administration says the Trump-era policy known as Title 42, which relies on a 1944 public health statute to indefinitely close […]
The post That was then, this is now, the median voter theorem remains underrated appeared first on Marginal REVOLUTION.
The British health system is the single most important issue driving opposition to Irish unification in Northern Ireland. Citizens of Northern Ireland get free medical care as part of the U.K.’s socialized medicine. British taxpayers subsidize Northern Ireland’s public services to the tune of $12.5 billion, according to one estimate. That’s a lot of money to give up […]