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26 min
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The Corrupt Institutions of Development Economics and Its Shadow Professoriate Infographic Instant with Bryane Michael
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- Education
Most of us use theories and empirical results from development economics all day long at the office. What if much of it led to under-development because of a shadowy group of advocates (or those who profess) benefit from bad theory and practice? I describe this Shadow Professoriate, the rules that keep it going strong, and their wages. I provide ball-park estimates of the harm they cause and how they cause this harm. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4188018
Most of us use theories and empirical results from development economics all day long at the office. What if much of it led to under-development because of a shadowy group of advocates (or those who profess) benefit from bad theory and practice? I describe this Shadow Professoriate, the rules that keep it going strong, and their wages. I provide ball-park estimates of the harm they cause and how they cause this harm. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4188018
26 min