Relevant and even prescient commentary on news, politics and the economy.

Economic Development Made Real

Via David Roodman‘s Twitter feed, the Economic Development video to watch if you’re watching only one: Pull Quote: “We have several unintended consequences that show that while we were growing Pakistan economically, we retarded our community, we retarded our ability to innovate, we retarded our ability to think. Those things are coming back to haunt […]

My Kids Have School Today: An Inequality Survey

The kids in the next town over don’t.  Indeed, the place where my Eldest Daughter’s swim team practices is closed because it’s a holiday, and their schools are.  But not here: the banks are closed, the government offices are closed, the local libraries are closed. (Heck, the New York Public Library is closed.)  But the […]

Notes Toward Revealing a Housing Bubble in a Standard Economic Model

Let us first stipulate that houses themselves are unique entities, but similar enough that we can consider them comparable if not fungible. (In this, they are like any financial asset.) Let us further restrict them in acknowledging that there are significant transaction costs: one’s liquidity preference should not prefer housing to, say, cash-equivalents or marketable […]

CGI, Day 4 – Clean Technology and Smart Energy: Deploying the Green Economy

Moderator is John Holdren, Science and Technology Advisor to President Barack Obama and Director, White House Office of Science and Technology Policy. Participants are: Nadia K. Al Dossary, Chief Executive Officer and Partner, Al Sale Eastern Co. Ltd Gary Hattem, President, Deutsche Bank Americas Foundation, Deutsche Bank Tri Mumpuni, Executive Director, IBEKA Conrad van Oostrom, […]

CGI, Day 3 – Addressing Cancer in the Developing World: Health Equity and an Overlooked Public Health Crisis

The panel is preceded by this video. Dr. Sanjay Gupta (Chief Medical Correspondent, CNN) leads the panel, featuring: Charles-Patrick Almazor, Director, Public Sector Partnership, Artibonite Department, Partners In Health Lance Armstrong, Founder and Chairman, LIVESTRONG Paul Farmer, Co-Founder, Partners In Health; Chair of the Department of Global Health and Social Medicine, Harvard Medical School; Chief […]

CGI Day 3 – Harnessing Human Potential, or The Bush Family Extravaganza

The original schedule for this program was Riz Khan of Al Jazeera English moderating Laura Bush, Former First Lady of the United States Jack Ma, Chairman and Chief Executive Officer, Alibaba Group Shakira Mebarak, Founder, The Barefoot Foundation Rajendra Pawar, Founder and Chairman, NIIT Group but Shakira was unable to attend, and was replaced by […]

CGI, Day 2 – Securing the Health and Safety of Girls and Women

Tina Brown introduces: Gary Cohen, Executive Vice President, BD Geeta Rao Gupta, Senior Fellow, Bill & Melinda Gates Foundation Richard C. Holbrooke , Special Representative for Afghanistan and Pakistan, U.S. Department of State “and, of course” Ashley Judd, Board Member, Population Services International Starts with Geeta Rao Gupta, who declares the primary issue to be […]

Clinton Global Initiative, Day 2 – Empowering Girls and Women (Plenary)

Moderator is Katie Couric, News Anchor and Managing Editor at CBS News. Panelists are Her Majesty Queen Rania Al Abdullah , Hashemite Kingdom of Jordan Ellen Johnson Sirleaf, President of the Republic of Liberia Muhtar Kent, Chairman and Chief Executive Officer, The Coca-Cola Company Mr. Kent’s favorite book is Thomas Friedman’s The World is Flat. […]

Clinton Global Initiative – Economic Empowerment (Lunch Session)

(Joined in progress) Governor Jennifer Granholm of Michigan Michigan – “No Worker Left Behind,” which provides retraining for those downsized auto workers and others. Escalation of high school curriculum so that graduating students must have taken college prep courses—has resulted in reduction in dropout rate because the community understands that this is a good thing […]

Clinton Global Initiative, Day 2 – Plenary Session

The second day of the conference, and the first full of the Initiative, is devoted primarily to E&E. Random notes: President Clinton noted in his opening statement that the Haitian disaster’s immediate effect was to eliminate (kill) 17% of the Haitian workforce. Melinda Gates notes that her efforts are mostly aligned with MDG #4, but […]