Author Archives: mkevane

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About mkevane

Economist at Santa Clara University and Director of Friends of African Village Libraries.

Burkina Faso – most of the country experiencing normal rainy season and cereal prices are lower than last year

In general, there is a near-normal household demand for cereals on local markets, held in check by remaining cereal stocks from previous harvests. Monthly exports to Niger approximately 4,500 metric tons of maize and sorghum and coastal countries approximately 300 … Continue reading

Posted in Economy | Comments Off on Burkina Faso – most of the country experiencing normal rainy season and cereal prices are lower than last year

The Master by Colm Tóibín

The Master by Colm Tóibín is a novel, based on the “real life” of the novelist Henry James, covering the years 1895-1899.  Tóibín mostly focuses on the inner life of James, as he travels between London and Italy, but mostly … Continue reading

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U.S. ambassador Tulinabo Mushingi’s comments are having an impact

The question of modifying the constitution to permit President Compaoré to “legally” run for another term now has an American dimension.  As it should.  What is the point of being a partner, and making grants worth $481 million (through the … Continue reading

Posted in Politics | Comments Off on U.S. ambassador Tulinabo Mushingi’s comments are having an impact

Wait… who is the first-year undergraduate? Dawkins? Or Michael Ruse…

Like every first-year undergraduate in philosophy, Dawkins thinks he can put to rest the causal argument for God’s existence. If God caused the world, then what caused God? Of course the great philosophers, Anselm and Aquinas particularly, are way ahead … Continue reading

Posted in United States | Comments Off on Wait… who is the first-year undergraduate? Dawkins? Or Michael Ruse…

Teaching macroeconomics: Great profile of Scott Sumner and explanation of monetary policy debates 2014-style

With QE3, which started in late 2012 and continues today, the Fed took a different approach. Instead of announcing a time limit, the Fed made the program open-ended, promising to buy tens of billions of dollars of assets per month … Continue reading

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Fixer: The Taking Of Ajmal Naqshbandi

After teaching in the evening MBA program, I usually come home and decompress watching something.  Over the last several weeks, I watched the over-the-top police drama Luther, with Idris Elba.  It was pretty good for decompression candy.  Last night though … Continue reading

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Teaching macroeconomics: The money multiplier

It is a staple of every macroeconomics textbook.  Essential to any understanding of the money supply in a modern economy (that the banking system creates money). Here is an excellent blog post on the Indian money multiplier.  Notice that India … Continue reading

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Crime in the Bay Area

They copied my San Jose graphs (here and here) to show that crime has also been declining in San Francisco.  Because after all, I really am the first person ever to use the FBI crime statistics. Every time a city … Continue reading

Posted in San Jose, United States | Comments Off on Crime in the Bay Area

More on crime in California

From the FBI uniform crime reporting statistics, the levels and trends of violent and property crime for the five cities in California about 500,000 in population that are in the database.  I was a little bit surprised to see them … Continue reading

Posted in United States | 1 Comment

Timely reminder of controversies over money and inflation from Paul Krugman, just in time for my MBA macro class

Some background: On the eve of the Great Recession, many conservative pundits and commentators — and quite a few economists — had a worldview that combined faith in free markets with disdain for government. Such people were briefly rocked back … Continue reading

Posted in United States | Comments Off on Timely reminder of controversies over money and inflation from Paul Krugman, just in time for my MBA macro class

Bitter Bread of Exile – Sir Edward Mutesa II

At the African Studies Association meetings last November, I picked up a copy of Bitter Bread of Exile – Sir Edward Mutesa II by A.B.K. Kasozi.  It was not until the next day that I realized that the Kasozi writing … Continue reading

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Ambassador Mushingi delivers a clear message in Burkina Faso

Apparently this is what he said on 4th of July: « Au fil des années, nous avons clarifié ce que « Egalité » signifiait et formulé 27 Amendements à la Constitution. La plupart des amendements ont élargi les libertés de … Continue reading

Posted in Politics | Comments Off on Ambassador Mushingi delivers a clear message in Burkina Faso

Crime trends and levels in San Jose

As the upcoming mayoral election comes up for San Jose, we have two candidates: Sam Liccardo and David Cortese.  Crime and policing are, at this point, going to be at the center of the campaign.  So I thought I should … Continue reading

Posted in Politics | 1 Comment

I might start reading Stephen King… but first I have to finish more Shirley Jackson

So a librarian at Santa Clara University gave me a treat this long holiday weekend.  In the “fiction browsing” section I discovered Shirley Jackson’s We Have Always Lived in the Castle from 1962, apparently her last published novel.  It is … Continue reading

Posted in Book and film reviews | Comments Off on I might start reading Stephen King… but first I have to finish more Shirley Jackson

#InstagrammingAfrica: The Narcissism of Global Voluntourism

How are you not narcissistic when criticizing your former narcissist self? Voluntourism organizations don’t have to advertise, because they can crowdsource. Photography—particularly the habit of taking and posting selfies with local children—is a central component of the voluntourism experience. Hashtags … Continue reading

Posted in Development thinking | Comments Off on #InstagrammingAfrica: The Narcissism of Global Voluntourism

Lake Chad area resource conflicts

Lake Chad gets talked about a lot in the environmental discussions of the Sahel.  I know little about the science. But a quick perusal of various articles by hydrologists suggests that human water management decisions (bad ones, naturally) have been … Continue reading

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Espen Stranger-Johannessen on promoting a reading culture in Uganda

Espen, who has been affiliated with the Uganda Community Library Association and Kitengesa Community Library, both supported by FAVL, has a new article in the IFLA Journal.  It is based on his fieldwork in Caezaria Library in Uganda. It is … Continue reading

Posted in Reading | Comments Off on Espen Stranger-Johannessen on promoting a reading culture in Uganda

Janet Yellen and Bubbles

Ms. Yellen stakes out her position in about as clear a language as you’ll see from a central banker: She believes that it would most likely be a bad idea to raise interest rates to fight financial excesses. Her focus, … Continue reading

Posted in United States | Comments Off on Janet Yellen and Bubbles

Must reading for Iraqis under siege

Victor Klemperer’s I Will Bear Witness: A Diary of the Nazi Years 1942-45.  He survives.  The diary is gripping reading. He wrote practically every day and gave the pages to a trusted friend.   At the end you get all the … Continue reading

Posted in Book and film reviews | Comments Off on Must reading for Iraqis under siege

Sudan and BNP Paribas

I have not been following this case at all, but this NY Times story, all about Iran, has this one sentence about Sudan: BNP was also doing business with Sudan at a time that the nation was operating a genocidal … Continue reading

Posted in Sudan | Comments Off on Sudan and BNP Paribas