In praise of the World Bank

Clare Short in The New Statesman writes in praise of the World Bank: One of the great problems in the field of development is that there are too many players. Each developed country has its own programmes in the poorest countries, and so do a large number of UN agencies Read more…

Economics lessons in British schools

According to BBC news the government’s clamp-down on junk food in schools has led to a black market in the playground: Ring leaders are buying bars of chocolate and packets of crisps in bulk, and making small profits by surreptitiously selling on to sugar-craving classmates. Even if the school started Read more…

The consensus among econmics professionals on immigration

Alex Tabarook has written an open letter on immigration from the economics community:

Immigration is the greatest anti-poverty program ever devised. The American dream is a reality for many immigrants who not only increase their own living standards but who also send billions of dollars of their money back to their families in their home countries—a form of truly effective foreign aid.. America is a generous and open country and these qualities make America a beacon to the world. We should not let exaggerated fears dim that beacon.

Economists from any political background are invited to sign. I agree, of course, and have emailed to say so (though I am far less eminent than many of the economists who have already signed up.)

Personally, I would go further. My sympathies are with Chris Dillow, who argues for free immigration.  He makes this interesting point:

I’m not saying here that immigrants should have rights to welfare benefits. They have a liberty right to live where they like, not a claim right upon our money (ta, Norm).  I suspect most hostility to immigration is based upon the failure to see this distinction.

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Easterly vs Sachs

William Easterly and Jeff Sachs make a living by disagreeing with each other, though it seems that there is actually quite a bit of common ground.  The Los Angeles Times has a head-to-head (free registration required).   So far, Easterly is beating Sachs in the readers’ poll 2:1.  Here are the Read more…

UK Bloggers First Scalp?

According to this BBC report, the Government is to back down over the Legislative and Regulatory Reform Bill, which would have given ministers the power to alter legislation without the approval of Parliament. If so this is perhaps the first scalp for UK bloggers, who I believe first identified the Read more…