Scott Alexander compares the marginal impact of capitalism vs. charity, finding that traditional charity often seems more effective despite capitalism's historical success. Longer summary

Scott Alexander explores the question of whether capitalism is more effective than charity in helping others. He compares the impact of investing in a successful company like Instacart to donating to a highly effective charity like Dispensers For Safe Water. While acknowledging capitalism's overall historical success, Scott argues that at the margin, traditional charity often seems to have a greater direct impact. He examines potential second-order effects of capitalism but finds them insufficient to clearly outweigh charity's benefits. The post concludes by considering alternative capitalist-oriented charitable approaches, such as development aid or charter cities, but notes the lack of rigorous evaluation for these options. Shorter summary

Scott Alexander explores various modern independence-seeking projects, including charter cities and secessionist movements, discussing their potential and challenges. Longer summary

Scott Alexander discusses various modern-day independence-seeking projects like charter cities, utopian communes, and secessionist movements. He covers the Free State Project in New Hampshire and a similar proposal for Montenegro in Europe. The post then examines the Charter Cities Institute's claims about the effectiveness of charter cities, including a critical analysis by Rethink Priorities. Scott also describes the Black Hammer organization's plan for Hammer City, a proposed city for people of color. Finally, he discusses the current state of charter cities, including concerns about their size and governance models, and considers whether charter cities can truly drive large-scale economic development. Shorter summary

Scott Alexander shares and discusses reader comments on his review of 'How Asia Works', covering various critiques and alternative explanations for Asian economic development. Longer summary

This post highlights comments on Scott Alexander's review of Joe Studwell's book 'How Asia Works'. Commenters discuss various aspects of the book's arguments, including land reform, industrial policy, and financial systems. They bring up counterexamples and alternative explanations for Asian economic development, such as IQ differences and the role of US support. The post also includes data on GDP growth in different Asian countries and discusses the potential for other developing countries to follow similar paths to success. Scott adds his own thoughts and analysis throughout. Shorter summary

The review examines 'How Asia Works' by Joe Studwell, which proposes a three-part model for economic development based on the success of East Asian countries. Longer summary

This book review explores Joe Studwell's 'How Asia Works', which argues that successful Asian economies followed a three-part development model: land reform, state-guided industrialization with export discipline, and financial policies supporting the first two goals. The review compares successful countries like Japan, South Korea, Taiwan, and China with less successful ones like Malaysia, Thailand, and the Philippines. It discusses the importance of land reform, industrial policy, and financial controls in early development stages, and how these policies differ from standard free-market advice. The review also considers potential counterarguments and the book's implications for current development economics. Shorter summary

Scott Alexander examines Próspera, a new charter city project in Honduras, detailing its plans, governance, and potential impact while addressing criticisms and limitations. Longer summary

Scott Alexander provides a comprehensive overview of Próspera, a new charter city project in Honduras. He explains its origins, current status, ambitious plans, governance structure, and potential impact. The post also addresses criticisms and concerns about the project, while acknowledging its limitations and potential benefits. Shorter summary

Scott Alexander examines the relationship between economic development, social changes, and happiness, concluding that happiness levels can change over time but are more influenced by intangible factors than by economic growth. Longer summary

Scott Alexander discusses the relationship between economic development, social changes, and happiness levels across different countries and groups. He explores Scott Sumner's question of whether anything matters for happiness, given that many countries show no increase in happiness despite significant improvements. Alexander examines data on African-Americans, women, and various countries, finding that happiness levels do change in response to social trends, even over decades. He notes that economic growth may increase happiness, but other factors like freedom and democracy seem more influential. The post concludes that happiness can change, but intangible factors are likely more important than money, even when lifting countries out of poverty. Shorter summary

Scott Alexander examines the paradox of economic growth not increasing happiness in developing countries, questioning the moral implications for global development efforts. Longer summary

Scott Alexander discusses the paradox that economic growth in developing countries like China doesn't seem to increase happiness, despite lifting millions out of poverty. He explores the implications of this for utilitarianism and effective altruism, questioning whether efforts to boost national development are truly beneficial if they don't increase happiness. The post examines various explanations and potential responses to this dilemma, including abandoning consequentialism, redefining happiness, or focusing on preference utilitarianism. Ultimately, Scott expresses discomfort with all these options and acknowledges the perplexing nature of happiness research. Shorter summary

Scott Alexander compares Singapore to Hong Kong, Macau, and Sweden using various socioeconomic indicators to challenge the claim that Singapore's success is due to its Reactionary policies. Longer summary

Scott Alexander examines the claim that Singapore's success is due to its Reactionary policies. He compares Singapore to Hong Kong, a similar city-state without Reactionary policies, and also includes Macau and Sweden in the analysis. Using various socioeconomic indicators, he finds that while Singapore performs well, it doesn't significantly outperform Hong Kong or Sweden. Scott concludes that the success of Singapore and Hong Kong is likely due to their shared characteristics (Chinese population, British influence, laissez-faire capitalism) rather than Singapore's Reactionary policies. Shorter summary