06
April
2012
World of EconoBlogs
We should rename Friday to Econlinksday – at least on the ISET blog.
ISET Economist Blog
A blog about economics in the South Caucasus financed within the institutional grant by the Government of Sweden.
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06
April
2012
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03
April
2012
Middle Class, Safety Nets and Social Contracts: on the Road to Development
I was happy to see that my blog post “Who needs a safety net?” stimulated a lively debate, which was exactly its purpose. However, so many points have been raised that I have decided to write a new post on the topic rather than answering each one of them separately.
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30
March
2012
World of EconoBlogs
Another Friday – and more interesting links from your EJ Giorgi.
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29
March
2012
The Georgian Consumption Puzzle
One of the current economic mysteries of the South Caucasus and the source of certain uneasiness on the part of world development organizations has been the significant rise in the recent years of the consumption to output ratio in Georgia.
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23
March
2012
World of EconoBlogs
End of the week –and a fresh serving of interesting links from economist bloggers and blogging economists.
1. Joe Weisenthal from the Business Insider tells us how Ben Bernanke murdered the gold standard – and good riddance too! 2. Nice infographics from Turbotax on the history of taxes in the US. 3. Econbrowser discusses the prospects of the Eurozone crisis. 4. Michael Sandel talks about market thinking from an unusual point of view. Quite illuminating, in a way. 5. The Free Exchange blog explains (or tries to explain) several of America’s macro puzzles. As usual, excellent read. 6. Noahpinion talks about an interesting model of asset bubbles. 7. A very nice piece on heterogeneity from the Minneapolis Fed. 8. Some stabs in the back of libertarianism from Noahpinion again. Couldn’t agree more, really. 9. Witty counterfactual from our old friend, Worthwhile Canadian Initiative. 10. And from him again, something useful for those who like myself teach macro – problems with teaching SRAS shocks
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22
March
2012
Is small scale agriculture necessarily inefficient?
The very sharp seasonal fluctuations in the prices of many agricultural products in Georgia are indicative of the state of the Georgian agricultural sector. Agriculture provides a safety net for a very large number of jobless people who might otherwise be starving and thus serves a very important social function.
