Category: Essays
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The Wealth of Nations
Who’s wealthier, a Maasai elder or your average American?
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The Death of Graduate School?
Is Congress to blame for the “death of graduate school” or is it universities’ failure to heed price signals? Read →
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Reflections on a Winding Road to EM Private Equity
In late 2005, I would arrive at the office early and catch up on the latest news of sectarian violence in Iraq. It made for gruesome reading—bodies discovered in vacant houses, tied to chairs with clear evidence of torture. A favorite tool seemed to be power drills, which were used on knees, ankles, heads. There…
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Technological Acceleration and the Wet Noodle of Monetary Policy
The American boy of 1854 stood nearer the year 1 than to the year 1900. The education he had received bore little relation to the education he needed. Speaking as an American of 1900, he had as yet no education at all. He knew not even where or how to begin.1 If science were to…
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Henry Kissinger’s World Order and the Question of Universal Values
On the tension among “universal” values, world order, and U.S. power Read →
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QE & Inequality
Why Quantitative Easing increased inequality, and we knew it would ex ante Read →
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Lagos: Reflections on the Epicenter of the Frontier Market Phenomenon
Nigeria is not a great country. It is one of the most disorderly nations in the world. It is one of the most corrupt, insensitive, inefficient places under the sun … It is dirty, callous, noisy, ostentatious, dishonest and vulgar. In short, it is among the most unpleasant places on earth!1 It’s dirty and an…
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The Reckoning
Unsustainable economic trends will lead to populist politics and demagogues (Jan 2014) Read →
Mike Casey 