Are more open countries being hit harder in the recession?

A review of the IMF’s April 2009 World Economic Outlook, and an analysis of the fastest growing – and contracting – economies of 2009. The 2009 economic growth in Africa and Asia is welcome, and growth (albeit weaker) in China and India indicates the beginnings of self-sustaining domestic demand in those economies.

Economist likes sociologist’s book – Shocker

As everyone knows, economists and sociologists are the faculty equivalent of cats and dogs. As an economist, I’m more or less brought up to think that sociologists are a bit funny, really, and their models and ways of explaining the world around them good cannon fodder.

Imagine my surprise, then, when I opened this book recently [...]

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