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Economic gangsters book report

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E conomics explains everything, again: this time, global corruption and poverty, in a highly readable book by two "development economists". Businesses with political ties to the Suharto regime in Indonesia lost stock value after worrying news about Suharto's health, while others didn't; smuggling between China and Hong Kong can be inferred by public trade statistics; UN ambassadors from countries with higher corruption tend to commit more parking offences in New York; civil wars in countries such as Somalia or Chad are much more likely when the rains fail; and witch-killings soar in times of famine. There are occasional casual sops to the idea that "cultural beliefs do matter" as well, which I guess will be news to no one but other economists. The argument is not entirely joined up: at one point the authors say conflict called "ethnic" usually has economic motives at its base; but they later refer offhandedly to "ethnic" or "religious" violence in Kenya and Iraq. Most interesting is their persuasive call for a new approach to international aid-spending based rigorously, as far as possible, on controlled randomised trials. They make an analogy with medicine, so why not call it "evidence-based aid"?
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The 15 countries with the worst organised crime problems in the world

Economic gangsters book report
Economic gangsters book report
Economic gangsters book report
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Economic Gangsters Audiobook | Raymond Fisman, Edmund Miguel |

Each is driven to better understand just what keeps poor countries in poverty, and they are willing to try some pretty amazing research strategies to figure it out. They have traveled far and wide — both geographically and intellectually — and in their beautifully written book Economic Gangsters , they shine a well-honed statistical spotlight on the twin evils of corruption and violence. These guys are passionate about development, about economics, and about explaining just why the new wave of development economics is so darn interesting. Their excitement and passion is contagious.
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Economic Gangsters

What distinguished Siegel from run-of-the-mill urchins, Mr. Siegel became known as a chaye —a beast. In Siegel met another neighborhood boy, year-old Meyer Lansky, and the two teamed up in a gang. With the start of Prohibition in , Siegel and Lansky became full-fledged criminals, running booze for bootlegger Arnold Rothstein.
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