Always look on the bright side of life

An inconvenient recession

In fact the only upside of all this is that the massive slow-down in economic growth will rapidly cut the growth rates of CO2 emissions. Pollution is tightly linked to the level of economic activity, so that a few years of negative growth would lead to reductions in pollution levels not seen since the 1970s. It seems ironic that the greed of Wall Street may have inadvertently achieved what millions of well intentioned scientists, activists and politicians have failed to achieve – a slowdown in global warming.

Culture and Development

Another critical review of Farewell to Alms:

One of my favourite history books is a collection of contemporary letters and reports written during the first half of the nineteenth century about industrial work in German lands. Observers decried how unreliable, slovenly, and undisciplined workers were. Germans had no hope of ever becoming developed!

by Wolfgang Kasper. Read it here.

Google Chrome!

Your next browser.
(Dammit! No release date for a linux version)

Columbus' business plan

Here.

(In fact this is the first laptop powerpoint presentation)

PS. This reminds me of the funniest economics paper ever published.

The worst mistake

Jared Diamond says that our problems started when we adopted agriculture:

To science we owe dramatic changes in our smug self-image. Astronomy taught us that our earth isn’t the center of the universe but merely one of billions of heavenly bodies. From biology we learned that we weren’t specially created by God but evolved along with millions of other species. Now archaeology is demolishing another sacred belief: that human history over the past million years has been a long tale of progress. In particular, recent discoveries suggest that the adoption of agriculture, supposedly our most decisive step toward a better life, was in many ways a catastrophe from which we have never recovered. With agriculture came the gross social and sexual inequality, the disease and despotism, that curse our existence.(...)

There are at least three sets of reasons to explain the findings that agriculture was bad for health. First, hunter-gatherers enjoyed a varied diet, while early farmers obtained most of their food from one or a few starchy crops. ... Second, because of dependence on a limited number of crops, farmers ran the risk of starvation if one crop failed. Finally, the mere fact that agriculture encouraged people to clump together in crowded societies... led to the spread of parasites and infectious disease.

Via Brad Delong.

Brave new world

In fact, not so brave and not so new.

Via boingboing.

Made in China?

About 50%.

Hal Varian

A podcast with Google's smartest employee.

North Korea

In 1962 an American soldier deserted to North Korea. Crossing the Line , an amazing BBC documentary tells this story. Nicholas Bonner, the producer, manages - I do not how - to shoot movies there. I would love to use his travel services.
I guess it is illegal, but you may download the movie here:
http://rapidshare.com/files/23337898/BBC4_-_North_Korea_-_Crossing_The_Line.part1.rar
http://rapidshare.com/files/23337951/BBC4_-_North_Korea_-_Crossing_The_Line.part2.rar
http://rapidshare.com/files/23338030/BBC4_-_North_Korea_-_Crossing_The_Line.part3.rar
http://rapidshare.com/files/23338089/BBC4_-_North_Korea_-_Crossing_The_Line.part4.rar
http://rapidshare.com/files/23338137/BBC4_-_North_Korea_-_Crossing_The_Line.part5.rar
http://rapidshare.com/files/23338195/BBC4_-_North_Korea_-_Crossing_The_Line.part6.rar
http://rapidshare.com/files/23338284/BBC4_-_North_Korea_-_Crossing_The_Line.part7.rar

Brazilian Historical Statistics - IPEA

A team from IPEA- lead by Eustáquio Reis- has uploaded a new historical dataset on XIX century prices in Brazil. The same team has been scanning tons of official historical statistics documents and uploading them to Memória Estatística do Brasil/Nemesis website. (Most of the files are in Portuguese, but there are some in French).

How to write a scientific paper

Here:

"The purpose of science is to get paid for doing fun stuff"

Seriously, I strongly recommend McCloskey's book on scientific writing.

Bastille Day!!!

"Want faster European growth? Learn to love creative destruction"

Says Nick Crafts. E mais:

If only ministers could bring themselves to think (better still occasionally to say) “these job losses are good news”

Robert Mugabe, Msc in Economics

"Intelligence in the service of evil is worst than dumbness." Hélio Pellegrino, Brazilian writer.

"All accounts describe him in the same words," writes Blair, "diligent, quiet, studious, introverted." Mugabe shunned smoking and drinking alcohol and "excelled academically" at every institution he attended, including South Africa's University of Fort Hare, the hotbed of African nationalism from which Nelson Mandela had been expelled earlier. During Mugabe's 11 years of imprisonment, from 1963 to 1974, under Zimbabwe's white-ruled predecessor state of Rhodesia, the future president enrolled in University of London correspondence courses and earned four degrees — a master's degree in economics, a bachelor's degree in administration, and two law degrees — to go with the three bachelor's degrees he already possessed, in economics, education, and history and literature.

Montesquieu against Jared Diamond

Guns, germs and steel? No. Ideas were the key of western domination of the Americas:

"Can it be said that this destruction, the greatest history has ever known, was only a simple effect of the ignorance of a principle of philosophy? It can, and I am going to prove it."

Montesquieu in The Motives That Ought to Encourage Us to the Sciences

(I recommend the whole paper.)

via aldaily.

Made in America? The New World, the Old, and the Industrial Revolution

On the same subject of yesterday's post:
Made in America? The New World, the Old, and the Industrial Revolution
by Gregory Clark, Kevin H. O'Rourke, Alan M. Taylor - #14077 (DAE IFM ITI)

Abstract:

For two decades, the consensus explanation of the British Industrial
Revolution has placed technological change and the supply side at
center stage, affording little or no role for demand or overseas
trade. Recently, alternative explanations have placed an emphasis on
the importance of trade with New World colonies, and the expanded
supply of raw cotton it provided. We test both hypotheses using
calibrated general equilibrium models of the British economy and the
rest of the world for 1760 and 1850. Neither claim is supported.
Trade was vital for the progress of the industrial revolution; but it
was trade with the rest of the world, not the American colonies, that
allowed Britain to export its rapidly expanding textile output and
achieve growth through extreme specialization in response to shifting
comparative advantage.

Power and Plenty:Trade, War, and the World Economy in the II Millennium- O'Rourke and Findlay

The book is not for everyone. It presumes that the reader has a quite comprehensive knowledge about the last 1,000 years of world economic history and some training in Economics. Nevertheless, it is a must if you are a serious researcher of any of these issues.
The book has changed my mind on several issues, mainly about the Industrial Revolution. I used to take the New-Economic-History side: it was slow and foreign markets were not important. Now I am not so sure at all. The bottom line: Power and Plenty is a great book!

III Research Workshop on Institutions and Organizations - Call for papers

Ramon Fernandez emailed me:

"Call for papers

The III Research Workshop on Institutions and Organizations will be held at Fundação Getúlio Vargas (FGV-SP) from October 13th to 14th 2008. The III RWIO is sponsored by three Brazilian Academic Institutions (Fundação Getúlio Vargas São Paulo, IBMEC São Paulo and University of São Paulo).

Seminar participants will discuss recent developments in the analysis of institutions and organizations through the lenses of Economics, Management, Sociology, Law and other social sciences. Instead of focusing on the contributions of specific disciplines dealing with institutions and organizations, workshop participants will emphasize differences and commonalities among different approaches, leading to potential advances and refinements in the field.

We encourage the participation of researchers of Brazilian and international institutions. The following program is based on both invited and selected papers.

The organizational committee invites the submission of papers to the following the topics:

CHAIRS

Panel I: Organizations, law and corruption

Panel II: Institutions and Development

Panel III: Institutions and environment

Panel IV: Psychological issues and organization strategies

Panel V: Industrial and competition policy

*More details about the panels will be announced soon.

DEADLINES

-Deadline for submission of an extended abstract: July 15th 2008

-Acceptance of proposal: July 25th 2008

-Deadline for submission of final papers: August 30th 2008

-Acceptance of final papers: September 15th 2008


Proposal must be sent in English as PDF attachment to workshop_io@yahoo.com.br and should include an extended abstract (maximum of 1.000 words). A confirmation message will be sent."

Greg Clark reviews a book that I am not going to read

Adam Smith in Beijing by Giovanni Arrighi.

Why study economic history?

Brad DeLong explains.