Archive for March 1st, 2012

Interview of Michael Bordo and lessons from Great Depression

March 1, 2012

This blog could easily be named Mostly Great Depression given how much research it covers on the subject. But the blog can’t help is as research and lessons from the depression continue to flow thick and fast.

Richmond Fed has an interview of Michael Bordo one of the leading economic historians. His area of specialisation is great depression, gold standard, EMU and so on. And each of these are the flavors of the season.

(more…)

Why is research higher status than teaching?

March 1, 2012

An intriguing post by  of Worthwhile Canadian Blog (blog should be renamed as Worthalot Canadian blog).

We often say what matters most in good education places is research. Teaching anyone can do and what differentiates education places is the quality of research. Woolley does not really agree:

(more…)

History of Capture and Anti-Capture of US Politics..and some lessons for India

March 1, 2012

This blog is going to take a lot of stuff from Acemoglu and Robonson’s blog Why Nations Fail?.

In a recent post, they point to this terrific research note on the topic of inclusive growth and institutions. To allow first to follow you need to fix both political and economic institutions. They linked  a similar  article y’day with a catchy title – Occupiers, Muckrackers, Progressives. It seems there was some issue and they changed the link to a similar article with different title.

The paper looks at US history and sees how it the country’s initial structure was going towards elitist and oligarchic. It took a long and huge struggle to make the institutions inclusive:

(more…)


%d bloggers like this: