Category Archives: Burkina Faso

Kordofan Invaded rocks on…

Endre Stiansen and I edited Kordofan Invaded: Peripheral Incorporation and Social Transformation in Islamic Africa almost 20 years ago (it was published in a beautiful typography and layout volume by Brill in 1998).  Here is my favorite review of the … Continue reading

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U.S. economy looking decent for remainder of year

The Federal Reserve left its benchmark interest rate unchanged on Wednesday, but it issued an upbeat assessment of economic conditions that suggested a growing chance that it would increase rates later this year.The Fed, in a statement after a two-day … Continue reading

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IMF projections for growth for Burkina Faso

What I hate about the IMF and World Bank is that very often they report growth rates in aggregate and not per capita. Burkina Faso’s population growth rate is about 2.8%, so these projections of 4%-5.2% are really 1.2%-2.4% growth … Continue reading

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What are the facts about crime in the United States?

Presumably we check in with the FBI.  If their statistics, however problematic,  are not “the facts” then I do not know what is. Here is the one paragraph of their latest annual report (yes, a one year lag). 09/28/15  Today, … Continue reading

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Someone found macroeconomics at the Republican convention!

About midway through the Republican platform, there appears this statement: “We support reinstating the Glass-Steagall Act of 1933 which prohibits commercial banks from engaging in high-risk investments.” It’s a head-scratcher, because reimposing Glass-Steagall would be an about-face for Republicans. The … Continue reading

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Time to Renegotiate Prepa Deal, according to Vicente Feliciano in Carribean Business

Opinion piece by Vicente Feliciano in Carribean Business: Agreements reached under duress come undone when the power of one party to impose the deal subsides. The agreement between the Puerto Rico Electric Power Authority (Prepa) and its bondholders was reached … Continue reading

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The Puerto Rico Oversight Board

A lot of power to the Puerto Rico Oversight Board.  The Congressional Research Service has a comprehensible survey of the Act.

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Negative interest rates coming to a mortgage lender near you… seems like the European financial system is adapting

Major beneficiaries include Macroeconomics textbook publishers. In all jurisdictions, banks, motivated by deposit withdrawal concerns, have been reluctant to pass negative rates through to retail depositors. Partly to limit the resulting impact on their net interest margins, some central banks … Continue reading

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Others do the reading so we don’t have to: Critique of the “gender neutral parental leave favors male academics” paper

Regarding the 30% tenure rate, it turns out the key words are “at their first jobs.” This analysis compared people who got tenure at their first job to everybody else — which means that leaving for a better outside offer … Continue reading

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My brother Tim Kevane’s law article on… something called the Viking Pump decision

I have little idea of the technicalities here, but I thought that any paragraph starting with “bitter irony” should be highlighted. The bitter irony of the noncumulation provision is that an insured will now be able to designate the tower … Continue reading

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Emotional arcs of storytelling: Confirmation that some stories are like others

Today, that changes thanks to the work of Andrew Reagan at the Computational Story Lab at the University of Vermont in Burlington and a few pals. These guys have used sentiment analysis to map the emotional arcs of over 1,700 … Continue reading

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57 years ago today, Canto 1 of John Shade’s Pale Fire completed

The poem always gives me the shivers.  Especially the stanza I had to learn by heart for Mrs. Kramer’s third grade class in English language arts.  We had to stand in front of the class.  Yes, she was an odd … Continue reading

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Humans, on Amazon Prime, is the smartest science fiction series in a long time

I strongly recommend Humans.  Imagine Never Let Me Go made as a TV series.  The synths are complex, their interactions amongst themselves and with humans are complex, the human families are complex.  This is not one of those ridiculous sci-fi … Continue reading

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Super interesting story about peer review at the AER, from George Borjas

And this is where things begin to get interesting. Over a month ago, an anonymous post appeared at Economics Job Market Rumors (EJMR), a popular internet forum frequented (I am guessing) by many young economists. This post noted that Family … Continue reading

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Puerto Rico debt situation will be very politically charged

They shouted angrily about “colonialism” and called for a Prexit, or Puerto Rican exit, from the United States. They denounced the “junta” — or federal control board — that will soon direct this island’s failing governance and finances. Late Thursday … Continue reading

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Brexit in standard macroeconomics model

Since I am teaching MBA macroeconomics this summer, here is Brexit in the standard AD-AS model.  It ignores the zero lower bound, which complicates things, and also assumes that the short run negative effects we have seen this week persist. … Continue reading

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Jack Rasmus and Alex Field tussle over our current systemic fragility

In the European Economic Review. Jack and Alex are going to have to use polite words to work out their differences.  I am not a macroeconomist, so I am not going to spend too much time figuring out for myself … Continue reading

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Local agricultural techniques are not always best, evidence from Burkina Faso

It’s nice to see a randomized trial of three different techniques for planting tree seedlings.  The locally developed Zaï technique did not fare well.  A similar study is available here.  Time for farmers to change? In the Sahel of Africa, … Continue reading

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The funny thing is there seems to be more talk in Burkinabè media about Zida’s malfeasance than Compaoré’s!

Que risque le général Zida ? Il risque deux choses, du point de vue redévabilité de la comptabilité publique il risque d’être poursuivi mise en accusation comme le demande il n’y a longtemps les citoyens. Je pense que si le … Continue reading

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Short documentary on life in Burkina Faso, gold mining and youth and poverty

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