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Economists’ guide to the perfect Christmas gift

20 Dec

what-would-the-invisible-hand-pick

Cartoon explains the problem of aid accountability

17 Jul

You can tell I just discovered the tumblr web site I Love Charts

So glad to discover this more accessible description of the principal-agent problem afflicting aid (and domestic bureaucracy as well).

The Art of Aid Effects on Growth

6 Jul

A new paper shows evidence that researchers manipulate econometric regressions to artificially attain a “real” (i.e. “statistically significant”) result. See Aid Thoughts for the key graphs, also Marginal Revolution. This is old news, but important.

So of course, at this point you are wondering: how can I do this so I can also get my papers published? Here is a pedagogical illustration:

Image

Best Development Cartoon Ever

20 Jun

Best Development Cartoon Ever

HT Steve Horwitz

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