Grow Crops, Not Algae

Written by Ryan McGuine // The incredible crop yields made possible by modern, intensive agriculture have literally made it possible to feed the world. Fossil fuels, which are used to power mechanized cultivation and as feedstocks for fertilizers and pesticides, are central to intensive agriculture. Indeed, comparisons of historical energy returns to farming (the ratio … Continue reading Grow Crops, Not Algae

Troubled Waters for Emerging Markets

Written by Ryan McGuine // The global economy has faced a series of dramatic shocks related to the COVID-19 outbreak. While high-income countries have thrown money at their health systems and economies to dampen the hardship, many other countries lack the resources to do so. Emerging markets — a loose term that includes countries like … Continue reading Troubled Waters for Emerging Markets

Poor Economics, Great Economists

Written by Ryan McGuine // In October, economists Abhijit Banerjee, Esther Duflo, and Michael Kremer were awarded the Nobel Prize in Economic Sciences "for their experimental approach to alleviating global poverty." All three recipients are Americans, though Mr Banerjee and Miss Duflo are immigrants. Miss Duflo is just the second woman to have won the … Continue reading Poor Economics, Great Economists

Mr Kim Leaves Washington

Written by Ryan McGuine // In January, World Bank Group President Jim Yong Kim announced his plans to resign after six years in the role, and begin work at Global Infrastructure Partners, an independent infrastructure fund manager. This decision surprised many, since he was only recently re-elected for a second five year term in 2017. … Continue reading Mr Kim Leaves Washington