Morning Recommendations

Arnold Kling

By Arnold Kling, Jun 16 2010

1. A well-written review of From Poverty to Prosperity. I admit I was surprised when I got to the end of the post.

2. A new metaphor for the economy, from Don Boudreaux. He compares it to a gigantic jigsaw puzzle. This makes the idea of having one expert solve it, rather than many people work on it at once, seem clearly insane.

Charter Cities vs. Anti-Foreign Bias

Bryan Caplan

The Atlantic's got an incredible profile of Paul Romer. The highlight is yet another example of how anti-foreign bias blocks paths to progress. Romer seemed close to getting two charter cities in Madagascar, then things went pear-shaped:Barely a year after launching his venture, Romer was on the brink of a ...

Jun 16 2010

Optimum Currency Areas

Why the European Bailouts?

Arnold Kling

The Daily Mail reports, Democracy could 'collapse' in Greece, Spain and Portugal unless urgent action is taken to tackle the debt crisis, the head of the European Commission has warned. That is actually a better story than the more common one, which is that the bailout is needed to "save the Euro." The Euro is a m...

Jun 16 2010

Economic Growth

Morning Recommendations

Arnold Kling

1. A well-written review of From Poverty to Prosperity. I admit I was surprised when I got to the end of the post. 2. A new metaphor for the economy, from Don Boudreaux. He compares it to a gigantic jigsaw puzzle. This makes the idea of having one expert solve it, rather than many people work on it at once, seem ...

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Charter Cities vs. Anti-Foreign Bias

Why the European Bailouts?

Morning Recommendations