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These caught my eye
Dan Akst on how best to spend a dollar to help the world. He suggests micro-finance as the most potent means of charity.
James Hamilton and Mark Thoma and Martin Feldstein on why higher oil prices have not created a recession.
Fatalities from sharks may be falling because people are fighting back and punching the sharks.
Here is a new book on how to fight back if the robots rebel. Hint: go for its "eyes" (cameras), punching is not the key. Don't give them the security codes to your defense computers.
Why email communication is so problematic, and how we overrate how much others understand us in that medium.
Markets in everything, magazine edition, courtesy of Cynical-C blog.
Forbes magazine, short essays on money and happiness.
Posted by Tyler Cowen on February 14, 2006 at 06:24 PM in Economics | Permalink
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» How best to spend $1? from PSD Blog - The World Bank Group - Private Sector Development
You have $1. How should you spend it to do the most good? That is the question Daniel Akst asks. He favors micro-finance. (via Tyler) [Read More]
Tracked on Feb 14, 2006 11:14:31 PM
» How best to spend $1? from PSD Blog - The World Bank Group - Private Sector Development
You have $1. How should you spend it to do the most good? That is the question Daniel Akst asks. He favors micro-finance. What would you do? (via Tyler) [Read More]
Tracked on Feb 15, 2006 9:25:34 AM
» Forbes on happiness research from New Economist
Forbes magazine has just published several short pieces on happiness research. Nothing especially rigorous, but a pleasant enough read:* Money Doesn't Make People Happy by Tim HarfordBut marriage, sex, socializing and even middle age do. * Shall I Comp... [Read More]
Tracked on Feb 15, 2006 9:50:27 AM
» How best to spend $1? from PSD Blog - The World Bank Group - Private Sector Development
You have $1. How should you spend it to do the most good? That is the question Daniel Akst asks. He favors micro-finance. What would you do? (via Tyler) [Read More]
Tracked on Feb 20, 2006 8:20:58 AM
Comments
The article on email sounds very relevant to comments on blogs as well. Perhaps more so because people reading and writing comments are unlikely to know even less about each other than people exchanging emails.
Posted by: still working it out at Feb 14, 2006 9:30:10 PM
I heartily agree that micro-finance/lending programs are very beneficial for the developing economies that are using them. They directly benefit the poorest people in the world (usually with a bias towards women as well, which is just awesome) and encourage them to be self sufficient and recognize and realize whatever it is that success means to them. Mohammed Yunus at the Grameen Bank has done some great work in this field (essentially started it, really). Here's some links to what I'm talking about:
http://www.grameen-info.org/
http://www.trickleup.org/
http://www.bongoz.com/people/yunus.html
http://500hats.typepad.com/500blogs/microfinance_social_entrepreneur/index.html
Good stuff. Also, the World Bank puts out a great report every year, Doing Business, which talks about the obstacles to starting new small businesses that entrepreneurs face in countries around the world. Micro-finance/lending programs are a start, but there needs to also be a path by which these small businesses can grow and expand without needless interference from government.
-Alex
Posted by: Alex Ambroz at Feb 14, 2006 10:25:25 PM
Grameen Bank has been going for ages and has not exactly been short of high-profile donations and capital and I notice that Bangladesh is still horribly poor. Grameen Bank in particular is excellent at producing publicity material for Grameen Bank, but not so great at some of the other activities of a development bank. Microlending is not a new idea at all, and the fact that it hasn't really taken off ought to be seen as a sign that it is not a silver bullet and indeed that it is quite likely a solution to a market failure which does not exist.
Posted by: dsquared at Feb 15, 2006 8:10:36 AM
Also don't miss
this at the Cynical-C blog:
http://www.cynical-c.com/mt/mt-comments.cgi?entry_id=4484
Posted by: mobile at Feb 15, 2006 11:36:16 AM
In terms of expected utility per dollar of donation I don't think that any rational and reasonably informed person can argue against the assertion that the primary recipient organization is something transhumanist, probably the Singularity Institute www.singinst.org
Posted by: michael vassar at Feb 15, 2006 9:40:27 PM
Best Use of a Dollar--Gift a Road to Serfdom to a 3rd world Univeristy Library (And I speak as an Indian whose University Library (one of the best ones in India) had not a single Hayek book thanks to the Faculty Leftists
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