Studying an MA in Development Studies

For anybody who has seen my linked-in profile, you would know that I just finished off a Masters of international development.

Now there are a range of reasons I chose this masters, but one of them was that I wanted my next round of education to broaden my perspective, rather than simply hone an existing skill.…

Everything is correlated

No doubt I’ve mentioned somewhere in my blog that my core focus as an economist is development. What this means is I chiefly focus on looking at how and why a country’s economy works (or doesn’t).

Now for a range of reasons, development economists tend not to fall back on the mainstream tools of policy analysis.…

Getting down with H to the George

When people ask me whether I’m an athiest I typically say something vague and unintelligible which might lead the casual observer to conclude (hopefully mistakenly) that I’m an idiot.

But in actuality I don’t have a definitive opinion as I don’t think I could confidently argue down this guy:

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

Essentially I’m the religious equivalent of an agnostic, which is pretty much me asking to be left alone.…

Robin hood

As somebody who would openly admit being a fan of Milton Friedman (and watching him verbally sucker punch hippies) mainstream economics, at least how it’s practiced, annoys me.

So in this blog post I want to cover two things:

  1. Why economics ignores equity at the cost of its own relevance; and
  2. Why taking the derivative of something is a waste of time unless it results in a sandwich.