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Bryn Mawr College
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The Economist: Free Exchange

An author's response

ON FRIDAY we published a short piece on the evidence for and against poverty traps. We discussed a paper that was recently published in the Journal of Economic Perspectives. One of the au...

Do poor countries really get richer?

DO POVERTY traps exist? Academics seem to think so. According to Google Scholar, so far this year academics have used the phrase “poverty trap” 1,210 times. (Paul Samuelson, possibly the greate...

What technology will bring

SAVINGS RATES in many developing countries are too low. As we argue in this week’s print edition, many poor people in developing countries struggle to save because of demands on their cash—say,...

Still patient, but for how long?

For those watching the Federal Reserve's meeting which ended today, no news was good news. The Fed, as expected, said it would end its bond buying programme (also known as quantitative easing) next...

The political appeal of currency union and disunion

I HAVE watched the debate over Scotland’s independence with a certain déjà-vu. In 1995, I along with everyone else in Canada watched nervously as Quebeckers voted on whether to separate. Like S...

A crude view of technology

PETER THIEL is an interesting guy: an entrepreneur and investor with plenty of thought-provoking things to say about startups and the process of innovation. (He's also out touting a new book, which...

A little extra cash, a lot of extra schooling

IN 2012 there were over 168 million child labourers. That's a big decline from a few years ago (see chart), but still a huge number. How best to get it down? Outlawing it is one option. Most countr...

From catch-up to slip-up

IT IS astounding how quickly expectations can change. Just 15 years ago the emerging world looked a hopeless case, economically speaking. Indeed, it wasn't the "emerging world" at all, but "less-de...

How a minnow became a giant

THIS week: The latest economic news from China, Banco Santander's future after the death of its executive chairman, and a new study on bankers' pay

Hiding in plain sight

THE ECONOMIST attended a lecture by Andy Haldane, the chief economist of the Bank of England. Mr Haldane is known for his work on financial regulation but this lecture was about something quite dif...