The poverty of poor economics
The winners of the Nobel Prize in Economics experiment on the poor, but their research doesn’t solve poverty.
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Grieve Chelwa, a contributing editor at AIAC, is Inaugural Postdoctoral Fellow at the Institute on Race and Political Economy at The New School. He was formerly on the faculty of UCT.
The winners of the Nobel Prize in Economics experiment on the poor, but their research doesn’t solve poverty.
In Zambians’ hurry to get rid themselves of President Kenneth Kaunda, they lost their way in the process.
It is worth revisiting economic historian Morten Jerven’s book “Africa: Why Economists Get It Wrong” (2015), a refreshing contribution to the debate about development scholarship on Africa.
The short answer: The UK doesn’t have the same influence on the continent that it did decades ago. And Brexit will be further proof of that.
The IMF is now acknowledges its neoliberal agenda over the last couple of decades was a mistake. Should we take them at their word.
Where did UK Prime Minister, David Cameron, get the idea Nigeria and Afghanistan were the most corrupt countries worldwide and the UK was squeaky clean?
Reading maps, the interventionist state and another $15 billion missing from Nigeria’s government.
The IMF’s latest tussle with the government of Mozambique and Voodoo Economics are among our #WeekendSpecials
Nigeria is Africa’s largest democracy and largest economy. It also dominates this issue of #WeekendSpecials.
Their release confirm what many of us already know about the tax dodging habits of the global elite. And other #WeekendSpecials.
South Africa’s economic realities (inequality, poverty, unemployment, demographic underrepresentation, racism) must be at the heart of the curriculum.
Why every country should have its own credit ratings agencies and other #WeekendSpecials.
Right. A better bet is for Africa to industrialize if it’s going to meaningfully rise. That’s the lesson from history.
This is number four in our weekly round up of economics news. Written and compiled by Grieve Chelwa.
This is number three in our weekly round up of economics news. Written and compiled by Grieve Chelwa.
This is number two in our weekly round up of economics news. Written and compiled by Grieve Chelwa.