Wednesday, January 14th, 2009
As our markets implode and wave after wave of bad financial news hits the wire, wild-eyed investors search in vain for a "safe haven" from risky, highly leveraged investments; high risk investing started with complex investment instruments like credit default swaps and mortgage-backed securities, but has now filtered throughout the marketplace, moving to equities, and [...]
Posted in Agriculture, Development | No Comments »
Thursday, November 16th, 2006
In many ways economics is a historical science. Economists rely on historical data for the formulation of predictive models. Therefore, economics is a science of precedence.
One of the most pertinent critiques against the modern practice [...]
Posted in Development | No Comments »
Thursday, March 30th, 2006
There is a fundamental difference between developed countries and the developing world. First World countries have institutionalized a culture of entrepreneurship.
This is not to say that developing countries are populated by people with less ambition and capacity, or an inferior work [...]
Posted in Bolivia, Development | No Comments »
Saturday, March 18th, 2006
Upon arriving in Cochabamba, one of the first things I notice is that the sidewalks are full. At mid-day, high school students congest the sidewalks, talking, laughing, flirting, and then walking off in smaller groups to some other destination.
[...]
Posted in Bolivia, Development | 1 Comment »
Tuesday, February 21st, 2006
In order to successfully resist the wholesale devastation of local economies at a global scale, it is necessary to pick apart, piece by piece, the philosophical underpinnings of neoliberal economics. At first glance, this seems an impossible task, since each year billions of dollars are invested to sequester the model within [...]
Posted in Development, Politics | No Comments »