African Success Story: Botswana

An intriguing empirical finding from the institutional perspective of economic development from Daron Acemoglu, Simon Johnson and James A. Robinson (link):

“Botswana has had the highest rate of per capita growth of any country in the world in the last 35 years. This occurred despite adverse initial conditions, including minimal investment during the colonial . . . → Read More: African Success Story: Botswana

Secrets of the Moneylab

Kay-Yut Chen and Marina Krakovsky have earned their colours as behavioural economists at Hewlett Packard in the HP Labs and in in their new book Secrets of the Moneylab they present the gist of their research over the past 20 years. The book is a run-through of the most salient aspects of behavioural . . . → Read More: Secrets of the Moneylab

Economic Events on September 10, 2010

At 10:00 AM EDT, the Wholesale Trade report will be released for July, showing inventory levels for wholesalers in the United States.