Category: Development Economics

Corruption in a Trump Presidency

In December 2009, I moved to Philippines just before the presidential election.  Like most of the former leaders of the Philippines, the outgoing president, Gloria Macapagal Arroyo, was exiting under a cloud of scandal.  The candidates pledged to end the…

Racism in America

I. Introduction In August of 2014, a police officer shot dead Michael Brown, a black teenager from Ferguson, Missouri, blowing the lid off a debate about racism in America. Protesters filled the streets, yelling “Hands up, don’t shoot.” The hashtag…

Why Do Some Countries Have It So Bad?

Open a newspaper today and you’ll be bombarded with a panoply of terrible news. Ebola is ravaging West Africa, with a projected 10,000 new cases per week and the possibility for 1.4 million people infected in Sierra Leone and Liberia…

Free Trade is Good for Global Development

This is the fourth in a series of six posts about the trouble in America today and policy solutions going forward.  The first post is about income inequality, the second introduces the basis for my policy recommendations, and the third presents economic policies.  In this post,…

How to Get America Back on Track

Introduction In my last post, I discussed the unfortunate state of affairs in the United States today. From a pre-industrial agrarian economy controlled by wealthy landowners, to an era of industrialization marked by the creation of a middle class and…

The Sad Aftermath of the Nairobi Attack

Last month, terrorists from the group al Shabaab attacked the Westgate Mall in Nairobi, killing 67 people. In the wake of the devastating event, Kenyans rallied together in a showing of national unity often missing in this deeply divided country.…

The Promise of Social Impact Bonds

Over the past few weeks, social impact bonds have received a lot of attention.  That is because New York City has partnered with Goldman Sachs to run a pilot program aimed at reducing recidivism among inmates at Rikers Island prison. …