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42 posts

Why Is Zambia So Poor?

This landlocked country in Sub-Saharan Africa isn't a failed state in the traditional sense: There's no dictator, no child soldiers. But most of its 14 million people live on less than $1 per day. How did things get this way, and can they ever get better?
Michael Hobbes

Trust in Cities

An established political order blocks innovation and economic development; there's too much local trust, with individuals only doing business with those they know. Look at what happened in Detroit.
Jim Russell

Inbreeding Homophily

Globalization favors open networks, people who can do business with each other on a minimal amount of trust, and avoids closed networks, the parochial neighborhoods that only look out for their own.
Jim Russell