Tag: Developing countries

Pope Francis’s Failure to See Entrepreneurs as Good Samaritans Undercuts the Poor »

On April 25, a videotaped talk by Pope Francis was released at the international TED conference in Vancouver, Canada. The 18-minute talk, titled “Why the Only Future Worth Building Includes Everyone,” can be viewed here. Francis highlighted three themes, beginning with the observation that community is central to human existence: [L]ife flows through our...
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Easterly, Buchanan, Hayek, and Economic Development »

When I was an undergraduate student, the vast majority of my readings came from textbooks. For several years I looked at supply and demand graphs, calculated unemployment rates and elasticities, and answered questions about how changes in particular variables would impact inflation and economic growth according to various models. During my senior year, however, our economic...
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First World Problems »

The end of the summer means the beginning of a new semester. Once again, I have the privilege of teaching economic principles. There is something truly exciting about introducing students to the economic way of thinking for the first time. At the same time, I always feel a pang of anxiety. It’s not because...
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