via MR Can efforts to eradicate inequality in wealth and education eliminate intergenerational persistence of socioeconomic status? Or would the rich and powerful be able… Read More »Remember the name: Persistence of wealth through China’s revolutions
Recommended. Abstract We show that any cross-national measure of human material wellbeing that is (i) basics (not luxuries),(ii) general (uses indicators from multiple domains), and(iii)… Read More »“Empirically sufficient and empirically necessary” – Lant Pritchett on economic growth as the (only) key to poverty reduction
Here’s Joseph Schumpeter laying out some key features of the importance of (capitalist?) economic growth in 1942. [This Lant Pritchett on broad based economic growth… Read More »Joseph Schumpeter on qualitative gains from capitalist growth
Joseph Schumpeter’s Capitalism, Socialism and Democracy is (apparently) “the third most cited book in the social sciences published before 1950, behind Marx’s Capital and The… Read More »Schumpeter on primitive accumulation and Marx’s guffaw
This and other scenes from Singapore in the 70s in Singapore, My Singapore highlights how much places and cultures can change in a generation. Also:… Read More »Not long ago; or, Little by little (8): Singapore market, early 1970s
The momentum seems to be building for a goal to “eradicate poverty by 2030.” Reducing poverty is a noble goal, one to which I fully… Read More »Natura non facit sultum*: Lant Pritchett on poverty lines
From a nice piece on the Our World in Data blog, with some helpful data points, here. See also: Max Roser: defining global development Our… Read More »Three truths about global development and progress from Max Roser
I’ve never read anything by Lant Pritchett that wasn’t interesting, and this brief blog article is no exception. It’s a good reminder that “broad based… Read More »Lant Pritchett on Poverty, Economic Growth and Charity
This footage from 1979 shows how much Health and Safety culture has changed in less than a generation. Not a safety harness or carabiner in… Read More »Not long ago; or, Little by little (7): Fred Dibnah, Steeplejack – health and safety edition
The idea that investing in human capital is central to promoting development has been widely accepted since the 1950s — and the world has seen… Read More »Lant Pritchett: Schoolin’ Ain’t Learnin’