Matt Nolan • Oct 10, 2013 •
Back in 1991, Larry Summers upset a lot of people as Chief Economist at the World Bank. His memo has been viewed as morally reprehensible, was cited in the second chapter of this book as indicative of the way economists ignore moral values, and was used as a key example in a philosophy class I sat […] … Read More
Matt Nolan • Sep 27, 2013 •
I have heard this sort of claim quite a bit from friends in recent months: World's 100 richest people earned enough in 2012 – $240bn – to end world extreme poverty 4x over #inequalityfacts — Max Rashbrooke (@MaxRashbrooke) September 18, 2013 Doesn’t that sound grand – if the richest 100 people in the world gave […] … Read More
Matt Nolan • Aug 22, 2013 •
Via Vox Eu comes a piece looking at the distributional consequences of resource booms – using Australian data. Their conclusion: We need good time series data from developing countries to see whether the distributional impact is bigger there than what we find for Australia. Until then, the analysis here seems timely and relevant, not just […] … Read More
Matt Nolan • Nov 20, 2012 •
At work we are writing occasional articles for the fine people over at Rates Blog at the moment. I’ve decided to focus on an issue that will get people irritated – an explanation of the GFC where I largely defend economists (although admiting that the mainstream missed the development of the shadow banking sector). I’ve [...] … Read More