Scott Alexander responds to comments on his capitalism vs charity post, clarifying his argument and addressing various counterpoints and suggested capitalist charities. Longer summary

Scott Alexander responds to comments on his previous post about capitalism and charity. He clarifies that he's discussing a specific near-mode situation of how to best use a limited amount of money for improving human welfare, not running a 'Moral Worth Tournament' between capitalism and charity. He addresses arguments for investing in capitalism over charity, discussing issues like compounding returns, marginal utility, and the eventual need for consumption. Scott also explores specific capitalist charities suggested by commenters, including charter cities and microfinance, noting the lack of strong empirical evidence for many of these interventions. He concludes by stating what kind of evidence would change his mind on this topic. Shorter summary

A critical review of 'Why Nations Fail' that examines the authors' academic work and methodology, while questioning the book's quality and practical implications. Longer summary

This review critiques 'Why Nations Fail' by Acemoglu and Robinson (AR), arguing that while the book itself is not very good, AR's academic papers present a more compelling case for their thesis that political institutions are the main determinant of economic growth. The reviewer explains AR's methodology using instrumental variables, discusses their evidence and criticisms, and ultimately concludes that even if AR are correct, their extremely long-run focus may not be very useful for practical policymaking or development efforts. Shorter summary

A review of 'The Anti-Politics Machine' by James Ferguson, discussing its critique of development projects and implications for Effective Altruism. Longer summary

This post reviews 'The Anti-Politics Machine' by James Ferguson, which critiques development projects in Lesotho. The reviewer highlights two key ideas: the concept of 'development discourse' that leads to misinterpretation of local contexts, and the 'anti-politics machine' critique of technocratic decision-making. The review discusses how these ideas apply to modern development economics and Effective Altruism, suggesting the need for more qualitative research, emphasis on local context, and consideration of political implications in charitable work. 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

Scott Alexander reviews a book on global economic history, discussing various factors and strategies that have influenced national development and industrialization. Longer summary

Scott Alexander reviews the book 'Global Economic History: A Very Short Introduction', which explores why some countries are richer than others and how nations have attempted to industrialize. The book avoids explanations based on cultural superiority or colonial exploitation, instead focusing on historical factors like the Industrial Revolution and various development models. It discusses the challenges faced by countries trying to industrialize in different eras and the effectiveness of different economic strategies, including planned economies and free market approaches. Shorter summary

The post critically examines the impact of India's 1991 economic reforms, suggesting that the country's economic growth began earlier and that the causes are more complex than commonly believed. Longer summary

This post examines the economic reforms in India and their impact on poverty reduction and economic growth. The author challenges the widely held belief that the 1991 reforms were the primary cause of India's economic boom. By analyzing various studies and economic data, the post suggests that India's growth trajectory began earlier, possibly in the mid-1970s or early 1980s. The exact causes of this growth remain unclear, with various factors such as trade liberalization, public investment, and political attitudes towards business being potential contributors. The author also discusses the potential impact of socialist policies on developing countries and the importance of understanding these economic shifts for future policy-making and arguments against certain forms of socialism. Shorter summary