John Nye
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Jun 21, 2011
This essay uses the Philippines as a case study to suggest what is wrong with leading development prescriptions.
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Peter Leeson, David Skarbek
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Apr 26, 2011
Leeson and Skarbeck respond to Gustav Ranis' main objections to their article previously published in the Cato Journal.
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Jack Goldstone
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Feb 18, 2011
The last decade has seen the arrival of emerging markets, and investors and pundits alike have shown unbounded excitement about the BRICs—Brazil, Russia, India, and China—as the new sources of the world’s economic growth. However, a focus on the BRICs is already out of date. In half of these countries, demographic patterns have shifted, and the future of the world’s growth now looks set to come from a different set of emerging economies, the TIMBIs: Turkey, Indonesia, Mexico, Brazil, and India.
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Christopher Coyne, Rachel Mathers
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Jul 01, 2010
The fatal conceit is the assumption that the world can be shaped according to human desires. This chapter argues that the logic of the fatal conceit can be applied to foreign interventions which go beyond the limits of what can be rationally constructed by reason alone. The characteristics outlined in this paper explain why interventions extending beyond the limits of what can be rationally constructed tend to fail.
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Karol Boudreaux
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Mar 08, 2010
As a result of a very long history of discriminatory legislation, black South Africans suffered substantial harms at the hands of past governments. Following the political transition in 1994, the new…
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Daniel Sacks
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Dec 01, 2009
In his latest book, Wars, Guns and Votes, Oxford development economist Paul Collier makes the case for the use of military intervention in developing countries. However, Collier’s call for…
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