A world of economic winners

by Marshall on March 24, 2011

Economic growth is not an elimination tournament like the current NCAA basketball madness, where one team wins and the other goes home. When a previously poor part of the world gets richer, everybody wins.

That’s Bill Easterly’s take on the rise of Eastern economies. Full Aidwatch post here.

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Look at the pretty map

by Marshall on November 8, 2010

I’ve always liked maps. Growing up we had a world map on the wall next to the kitchen table, which we would study and quiz each other about (capitals, flags, etc.). Back then, Russia was still the USSR, Ukraine was still behind the iron curtain (along with those ‘stan’s), and Pluto was still a planet. I know, stone age.

I came upon the map below as I’ve been following a string of articles/posts about the Midwest and the importance of local knowledge. Summary:

Apparently St. Louis and Milwaukee missed the Pop memo. Seems like grounds for banishment from the midwest.

This map is great, and while it isn’t a perfect standard for regional delineation, it reflects a lot more knowledge than a well-intentioned East Coast journalist.

Moral of the story? Local knowledge matters. Local knowledge is the knowledge that people in a given community have developed over time, and continue to develop. It is based on experience, often tested over centuries of use, adapted to the local culture and environment, embedded in community practices, institutions, relationships and rituals. In business, politics, science, journalism, economics, and development, local knowledge matters. Grand plans fail because they rely too heavily on centralized knowledge (over-confidence of central planners) while ignoring local knowledge.

A warning from Mr. Easterly:

So just to sum up how far a columnist can get without local knowledge, Mr. Brooks has produced some interesting facts that were not facts about a Midwest that was not the Midwest.

(Just to be clear, I have nothing against Mr. Brooks. He just happened to make an honest mistake we can learn from.)

BONUS:  I looked through some of the data from the Pop v. Soda v. Coke map. Turns out a sizable minority of my fellow Illinoisians call soft drinks “sodie.” Three even call it “Bumpkin.” If you are one of them, please explain yourself.

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