Politics
Sachs Thanksgiving Eve Twitter Debate
Daron Acemoglu and James Robinson finally responded to Jeff Sach's review of their book Why Nations Fail (http://bit.ly/WxcmzR). It in turn led to a spirited Twitter debate.
- Blog Posts Related to the debate
Sachs AttackThis fall, I assigned Daron Acemoglu and James Robinson's Why Nations Fail in my graduate International Political Economy course, and so ...
My effort to get an economist to understand geography... " Open The Echo ChamberUpdate: 11/22: So, after seeing Tom Murphy's of the twitter exchange, it is now clear that Sachs was on fire - the man was engaged in sev...- The Twitter debate organized by time and conversation
- Jacob Geller
@JacobAGeller Unkindly is one thing. More seriously, they're wrong. Their political theory is without predictive power.- Ricardo Fuentes Nieva
Devastating and must-read "Response to Jeffrey Sachs" whynationsfail.com/blog/2012/11/2… (h/t @edwardrcarr @mfbellemare) #wonkwar @fp2p- @rivefuentes Entertaining rejoinder, yes, devastating, no. Their theory has little explanatory or predictive value. That's their problem.
- Trade Diversion
They don't hold back. Entertaining post. RT @WhyNationsFail New post: Response to Jeffrey Sachs whynationsfail.com/blog/2012/11/2…- @TradeDiversion Yes, very entertaining but the real question is whether their theory is right. Too bad it has little predictive value.
- Samuel Danthine
Acemoglu and Robinson smack Sachs down, rumors are, @bill_easterly smiling whynationsfail.com/blog/2012/11/2…- @sdanthine @bill_easterly Bill will smile when the right answer comes. Acemoglu & Robinson have oversimplified history. That's the rub.
@JeffDSachs @sdanthine @bill_easterly I tend to agree with Jeff on this - if conditional convergence is right, must be more factors involved- Jorge Galindo
"Sachs himself has run some kitchen sink growth regressions (...)" - whynationsfail.com/blog/2012/11/2… - Y así todo el rato, a @JeffDSachs.- @JorgeGalindo Yes, and these guys regressed income on one political variable and declared they had a theory of history!
- @JorgeGalindo My review is fine. Their response claims they considered all of the points, but where's their theory? What r its predictions?
- @JorgeGalindo I don't think I did. My point is true prediction of development depends on many factors beyond politics. Evidence is strong.
