Monthly Archives: July 2005

William Easterly on the Big Push Theory

William Easterly, “Reliving the 50s: the Big Push, Poverty Traps, and Takeoffs in Economic Development” Abstract: The classic narrative of economic development — poor countries are caught in poverty traps, out of which they need a Big Push involving increased … Continue reading

Posted in Economics | Leave a comment

What I would like to know about commodity prices

There are several things I would like to know about commodity prices: Do commodity prices have a unit root? What, if ¬†any, are the differences in the statistical properties of “quickly-renewable” (grains), “slowly-renewable” (lumber), “recyclable” (metals), and “non-renewable” (energy) commodities? … Continue reading

Posted in Random | Leave a comment