14 April, 2010

Before I go off to collect dubloons in the sewer...

The Daily Show With Jon StewartMon - Thurs 11p / 10c
That's Tariffic
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Pretty good description of trickle down econ. Of course they missed a chance to highlight the fact that in the U.S. the largest group in poverty are children, with the numbers for very young children (under 6) increasing rapidly.
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13 April, 2010

Rube Goldberg & Selection Bias

David Roodman, from the Center for Global Development, was the guest professor for my Development Econ class last week. Great session and here's the post to his CGD microfinance blog (good read) about some of it including his fun example of selection bias:

Roodman said NASA engineers worked on this video. To which I say, "Excellent, but where are my Martian colonies and hyperdrives?"