Paul Romer on the refugee crisis

Let them come and they will build it!

My former teacher Paul Romer has written a thoughtful post on how to help the millions of refugees who would relocate to Western countries, if only they were allowed to do so. I highly recommend following the link about to read it in full. His basic idea is to let the refugees build themselves cities. Cities are economic powerhouses; refugees want dignity and work, not only handouts for basic survival. Put these ideas together and prosper, Western countries.

An excellent book: The Thing with Feathers

Noah Strycker’s book The Thing with Feathers has been sitting around in our house for about a year. While looking to find some reading to do away from a screen, I turned to it yesterday and today. I’m in the middle now, just having finished the chapter on what penguins fear. The book is written very well, conveying a lot of knowledge in a captivating way. Another book to add to the list of examples of good nonfiction writing. It may come in handy to have such a list if and when I get going with a long-postponed dream of mine to popularize some really promising bits of economic theory (a tall order, I know).

Unlike many other books I start reading, I am sure to finish The Thing with Feathers.

What works best to break the cycle of poverty?

Simple: Migration. See the great article by Michael Clemens about this: http://www.huffingtonpost.com/michael-clemens/the-south-pacific-secret-to-breaking-the-poverty-cycle_b_8135780.html
From the article:
“What’s working against poverty? International labor mobility. So you might think that projects like this — among the most effective ever evaluated — would be at the center of the global antipoverty agenda. You might think that the World Bank and other aid agencies would scour the globe for similar opportunities, as a centerpiece of their activity. You’d be wrong.”

I strongly recommend reading the entire article.