The next two books on my "Favorites of 2019" cover economics in different ways. The first uses theology to critique and inform the rational choice model, and the second builds on the New Institutional School of Economics to describe social orders. Aquinas and the Market: Toward a Humane Economy - Mary Hirschfeld Those even slightly … Continue reading Favorite Books of 2019 – Theology, Economics, and Order
Insurgent Fragmentation in the Horn of Africa (Book Review)
A brief study of insurgent movements, rebellions, and rebel organizations shows a common pattern, fracture. For those engaging in counter-insurgency this could seem like a good thing. However, if an organization splinters during peace negotiations, it can nullify progress. In Insurgent Fragmentation in the Horn of Africa: Rebellion and its Discontents, Michael Woldemariam explores "why, and under what conditions, do rebel organizations fragment?"
Refugee Economies (Book Review)
When most of us think of refugees, we probably consider the recent crisis stemming from Syria's civil war, the resettlement debates in the United States and Europe, or we might even have a mental picture of a prison-like refugee camp in a remote part of a country.
Why Credit Bureaus? Information Asymmetry (Pt. 2)
When lenders face challenges like moral hazard, adverse selection, and weak contract enforcement, they will do their best to mitigate them.