Author Archives: mkevane

Unknown's avatar

About mkevane

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

Deep decline in trust in EU as an institution in Europe’s big countries

Figures from Eurobarometer, the EU’s polling organisation, analysed by the European Council on Foreign Relations (ECFR), a thinktank, show a vertiginous decline in trust in the EU in countries such as Spain, Germany and Italy that are historically very pro-European. … Continue reading

Posted in Politics | Comments Off on Deep decline in trust in EU as an institution in Europe’s big countries

What does stagnation look like?

From FRED, a graph of four big, rich countries.  Notice how Japan and Italy utterly stagnated starting in the early 1990s.  By 2012 GDP was only about 10% higher after twenty years!  By contrast, GDP per capita in the U.S. … Continue reading

Posted in Politics | Comments Off on What does stagnation look like?

Eboulement d’une mine d’or à Bagassi au Burkina Faso

Quatorze morts et quatorze blessés dont un dans un état traumatique, tel est le bilan de l’éboulement d’un site minier survenu dans la nuit du samedi 30 novembre au dimanche 1er décembre 2013, aux environs de 1 heure du matin, … Continue reading

Posted in Politics | Comments Off on Eboulement d’une mine d’or à Bagassi au Burkina Faso

Putting it bluntly: Catholic universities and health care

I don’t follow the issue that closely, but this “open letter” to the president of Notre Dame University seems to me to be very provocative, in a “critical thinking” way… Two highly respected and influential Catholic women, Catherine Kaveny and … Continue reading

Posted in Politics | Comments Off on Putting it bluntly: Catholic universities and health care

Tabu Ley

Le roi de la rumba congolaise s’est éteint ce week-end à Bruxelles. Le musicien Tabu Ley Rochereau, né à Bandundu en République démocratique du Congo s’était fait connaître en introduisant la batterie dans la rumba. Le chanteur et compositeur n’a … Continue reading

Posted in Politics | Comments Off on Tabu Ley

Atanga Matilda, a young reader in Gowrie-Kunkua library in Ghana, supported by FAVL

Here is what she said about the after-school reading program, supported by Chen Yet-Sen Foundation from Hong Kong. My name is Atanga Matilda I am 12 years. I come from Kunkua, I am in class 6. I want to be … Continue reading

Posted in Politics | Comments Off on Atanga Matilda, a young reader in Gowrie-Kunkua library in Ghana, supported by FAVL

Low productivity growth: China’s Shenzhen airport Terminal Three, Italy’s slowdown

In macroeconomics we talk a lot about total factor productivity.  Tyler Cowen in Marginal Revolution points today to two good productivity related articles.  The first is on a pretty expensive infrastructure project whose depreciation may make the NPV negative.  Shenzhen’s  … Continue reading

Posted in Politics | Comments Off on Low productivity growth: China’s Shenzhen airport Terminal Three, Italy’s slowdown

Is it sarcasm or irony when you nastily make fun of people who want to profit (financially, and morally) from not being mean?

Finally, in an online world of gratuitous snark, one courageous editor has displayed the vision to give thumbs down to thumbs down. You read that right: no negative reviews.  “Why waste breath talking smack about something?” the recently hired book … Continue reading

Posted in Politics | Comments Off on Is it sarcasm or irony when you nastily make fun of people who want to profit (financially, and morally) from not being mean?

Gee who knew academia could be so… weird… Trivers banned from Rutgers… fraud… retractions…

The retraction part is here. A long-simmering feud between the prominent evolutionary theorist Robert Trivers and a colleague at Rutgers University took a strange turn last month, when Mr. Trivers revealed that he had been banned from the New Brunswick … Continue reading

Posted in Politics | Comments Off on Gee who knew academia could be so… weird… Trivers banned from Rutgers… fraud… retractions…

[French] Aghion defends self against Krugman

L’exemple suédois est particulièrement illustratif : une dette publique élevée (proche de 85 % du PIB), un chômage élevé, et une production en stagnation en 1990 ; ensuite une réforme radicale de l’Etat, avec en particulier les effectifs dans le … Continue reading

Posted in Politics | Comments Off on [French] Aghion defends self against Krugman

The Larry Summers “we got a real problem” speech at IMF

Posted in Politics | Comments Off on The Larry Summers “we got a real problem” speech at IMF

Parody and irony taken to new levels… that the Supreme Court can decide…!

But the original is a parody of sexist music… so is this new video an un-ironic self-important humorless “parody” of a misinterpreted rap? Can you do a parody if you have no sense of humor?  Or maybe it is a  … Continue reading

Posted in Politics | Comments Off on Parody and irony taken to new levels… that the Supreme Court can decide…!

Maalouma from Mauritania… great story here, nuanced, that was not aware of

Posted in Politics | Comments Off on Maalouma from Mauritania… great story here, nuanced, that was not aware of

Nice introduction to “moral hazard”

In financial markets the mechanism for avoiding moral hazard is a bit different, but the principle is the same. The key is to make sure that those who are making the decisions about how to invest other people’s money face … Continue reading

Posted in Politics | Comments Off on Nice introduction to “moral hazard”

Why would a Reuters reporter say that 7.75% overnight repo from India’s Central bank is “low-cost”?

Because it is, except you’d have to know that inflation in India is running about 7%… mentioned nowhere in the article… Having become accustomed to unlimited low-cost cash, the shift to market-based funding has led to some volatility as banks … Continue reading

Posted in Politics | Comments Off on Why would a Reuters reporter say that 7.75% overnight repo from India’s Central bank is “low-cost”?

Why did gender equality in secondary schooling in Africa stall after 2000?

Just an artifact of the statistics, or did something actually happen across the continent?  I confess I have no idea.  Do you?

Posted in Development thinking, Gender | Comments Off on Why did gender equality in secondary schooling in Africa stall after 2000?

How upset are Santa Clara University faculty?

Upset enough that: Pursuant to Article X.A of the By-Laws of the Faculty Senate of Santa Clara University (“Senate”), we the undersigned members of the Faculty Senate call for the immediate convening of a Special Meeting of the Senate.   The … Continue reading

Posted in Personal Kevane life | Comments Off on How upset are Santa Clara University faculty?

Boxers and Saints by Gene Luen Yang

I do not normally link to the Amazon page for buying books, but I do think it worth promoting Boxers and Saints (not just because Gene and I shared a panel, and coffee, last year at a conference).  it is … Continue reading

Posted in Book and film reviews | Comments Off on Boxers and Saints by Gene Luen Yang

Santa Clara University’s insurance spat hits Inside Higher Ed

Juliana Chang, associate professor of English and president of Santa Clara’s Faculty Senate, presented a statement of concern to the university’s Board of Trustees last week. “I am hearing about a loss of faith in the mission, vision, and values … Continue reading

Posted in Personal Kevane life | Comments Off on Santa Clara University’s insurance spat hits Inside Higher Ed

Ghana Must Go by Taiye Selasi

This book has gotten a tremendous amount of good word of mouth, and after reading it I can see why.  It is a contemporary sprawling family saga, with a little bit of magical realism sprinkled in.  Full of nostalgia, melancholy, … Continue reading

Posted in Book and film reviews | Comments Off on Ghana Must Go by Taiye Selasi