William Easterly

William Easterly


NYU Economics Professor. I am an expert on the other experts.

119697 followers  •  2094 follow  •    •   https://t.co/c1KrZQyRpW

Our NYU DRI annual conference is a week from today. We are covering the debate on Randomized Experiments and featuring Nobel Laureate Michael Kremer. RSVP now if you are interested. @NYU_DRI 

A long history suggests that: Calling for a "Marshall Plan for X" does not usually generate a good solution for X. @GeneDattel 

Halloween economics lesson: Me: take two pieces of candy! Halloween kid: what if I only want one?

New Angus Deaton critique of RCTs. On ethics: "How is informed consent handled when people do not even know they are part of an experiment?...It is particularly worrying if the research addresses questions that have no benefit for the subjects."

Fascinating map of poverty in 1898 London. The poorest category (shown in black) is described as "Lowest class. Vicious, semi-criminal."

New numbers (from a paper by me) suggest that maybe neoliberalism worked, after all via @nationalpost 

The textbook illustration of Monopoly is when the only game the NFL lets you watch is Giants vs. Jets

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Our smartphones are 120 million times more powerful than the computers that guided Apollo 11. That has enabled us to progress from moon landings to cat videos.

Most important story of 2017 is that the global poverty rate reached its lowest level ever. This will probably be the most important story of 2018 also. Happy New Year.

Cuban soldiers push Fidel's broken-down funeral vehicle -- an Econ teacher's dream-come-true for a metaphor HT

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Africans have highest educational attainment of any immigrant group

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As a democracy expert, I have no frigging clue why this is happening

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What used to be offensively called the "Third World" (Africa/Asia/Latin America) now produces more total GDP than the "First World" (Western Europe/ US/ Canada/ Australia/NZ/Japan)

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Is it cheating to truncate the Y-axis in a graph?

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What is largest company of all time? Surprising answer: at the height of a 1637 speculative bubble involving tulips, the Dutch East India Company was worth more than today's top 20 companies combined.

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31 of 78 American Nobel prizewinners since 2000 were immigrants; new restrictions would've kept them out.

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