Webshopping: potatoes, Thomson and Thompson, serfdom and a few other stuff

Oxonomics has a link to Acemoglu’s new article.

Projesh Banerjea receives a grant to study Economic History at the LSE (good luck to him).

Paul Kedrosky has a post about why going in circles may not be so stupid after all (he has another post about the Utrecht conference).

A bit late, but it’s better than never, VOX has three interesting pieces one about the causes of Africa underdevelpment (by Nathan Nunn), another about the impact of potatoes on growth (by Nathan Nunn and Nancy Qian) and the last about France’s Sterling trap in the 1920s (by Olivier Accominotti).

Very very useful: Virtual Library of Economic and Business History.

Business history: Smirnoff, the king of vodka (on authors@google, via blog university). Great character, but truly boring speaker, one of the reasons why I do not like business history.

And Krugman picks a petty fight with Niall Ferguson, ridiculous and a good example of why America, though admirable, is truly an unlivable country.

PS: Just read the guest article in The Economist by Justin Lin, chief economist at the World Bank, and I beg to differ. Mr Lin’s point is that developping countries need small banks to fund small businesses, not gigantic ones nor a buoyant stockmarket. He wrongly interprets US financial history as one dominated by local banks since most of these local banks were based on foreign money, i.e. foreign investment channeled by the stock market. More importantly he falls into the one-size-fits-all fallacy (whose to say, as he does, that Peru and Kenya need to follow the same model?) and he supports the deeply armful protectionist approach many developing countries (China first among them) have adopted towards financial services.

One Response to Webshopping: potatoes, Thomson and Thompson, serfdom and a few other stuff

  1. Manuel Bautista says:

    Kedrosky’s word cloud/wordle is just great.

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