By keith Hart. The conclusion: The euro is the most tangible symbol of the European Union, but not co-extensive with it. For the last century or more, member states had supplied their citizens with a monopoly currency that served both as the reification of the national economy and as their principle link to the world… Read More »
Since I have a background in Development Studies, and I am currently trying to develop a research plan for an ethnographic study of the Nigerian financial sector, the following, from Bill Maurer, Professor of Anthropology and Director, Institute for Money, Technology and Financial Inclusion, University of California, Irvine, resonates quite powerfully with me: Because European systems of… Read More »
No less a thinker than Adam Smith suggested that the division of labor in society was dependent upon the existence of markets, or, as he puts it, upon man’s “propensity to barter, truck and exchange one thing for another.” This phrase was later to yield the concept of the Economic Man. In retrospect it can… Read More »
Remember the Google and China issue? I recently came across part of the text of a keynote address delivered by Tricia Wang, ethnographer and PhD candidate in sociology at UC San Diego, at the New Direction in the Humanities Conference, UCLA. Her take on the China and Google saga is encapsulated in this excerpt: And… Read More »
… is the title of a recently published book by Kate Meagher of LSE’s Department of International Development, my friend and fellow student of African trade networks and informal economy. Nicolas van de Walle writes in Foreign Policy about the book: Within development circles, conventional wisdom has it that successful manufacturing sectors often develop in low-income… Read More »
From a commentary on Owen Barder’s comment on Bob Zoellick’s speech on development discourse: … if we really want to democratise the development discourse we should also publish, say, the minutes of Bank board meetings and other relevant internal documents to understand how ideas and statistics are translated into ‘reality’ through powerful interlocutors like the… Read More »
Examining data from China – the biggest internal migration experience in human history – this column finds that migrants from the same village tend to cluster at the same destination for the same occupation. This pattern is driven by social networks within villages that reduce the moving costs for future migrants, such as the risk… Read More »
Helon Habila is a Nigerian novelist and poet. His first novel Waiting for an Angel won the Commonwealth Writers Prize (Best First Book, Africa Region) in 2003. His three choices for Nigeria are; 1. Things Fall Apart by Chinua Achebe 2. The Man Died by Wole Soyinka 3. The Famished Road by Ben Okri From… Read More »
From Ambrose Evans-Pritchard: Economics should never be treated as a science. Its claims are not falsifiable, which is why economists can disagree so violently among themselves: a rarer spectacle in science, where disputes are usually resolved one way or another by hard data. It is a branch of anthropology and psychology, a moral discipline if… Read More »
… called Baobab. The description in the current edition of the newspaper: …it will delve into politics, econoics and culture, and comment on the successes of Africa’s peaceful elections and foreign investment as well as on Africa’s troubles. This is hoping that the language in which the discussions and analyses are framed will not be one… Read More »