Author Archives: the prof

About the prof

Prof of Economics, Wms School of Commerce, Washington and Lee University, Lexington VA

Jamaica and the IMF

Jamaica has never fully recovered from the 2nd oil crisis and other pieces of bad luck in the late 1970s. It is now in it’s 4th year of the latest IMF-led restructuring program. A December mission offered an optimistic prognosis, … Continue reading

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Where are the poor?

The points for debate are in the outline below. The next paragraph is a digression, but an important one. We looked at PPP per capita and (in passing) the HDI. Two notes in passing. As (i) a general feature of … Continue reading

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Intro Topic

In the summer of 1976 I wandered around northern Luzon in the Philippines, during a period of martial law imposed by elected-president-turned-dictator Ferdinand Marcos. I headed up into the mountains to Bontoc. An anecdote tied to that visit will help … Continue reading

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Text for Fall 2017

Perkins, Radelet, Lindauer & Block, Economics of Development, W.W. Norton, 7th ed, 2012. ISBN-13: 978-0393934359 Amazon link [abt 10 copies from used booksellers below $75, as of Aug 15th] Publisher’s Student Purchase Option Web Site [eBook is $75] W&L bookstore: more … Continue reading

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