Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts

Thursday, September 30, 2021

Week in Seven Words #554

This covers the week of 8/30/20 - 9/5/20.

gladden
Some dogs are patient joy-bringers. This one, a senior golden retriever, swishes its tail as it stands before each person to get patted. Everyone enjoys a turn.

livestream
It's a strange way to participate in a wedding, but still delightful. We're thousands of miles away eating pizza and watching the ceremony and festivities on a laptop. We post blessings and good wishes online.

outward
Peering at the river through shifting leaves. It's a glorious view.

remaining
Some chain restaurants are roach-like in their ability to survive an economic crisis.

respectability
Marriage would make me more acceptable to a number of people.

tentative
The shopping area by the park looks atrophied. There are fewer people around and more 'for rent' signs in display windows. But it's a crisp golden day, people pushing strollers and walking dogs, so the neighborhood doesn't seem too bleak.

welcoming
The sparrows fly to the tree, which enfolds them.

Monday, October 30, 2017

Week in Seven Words #368

chow
She's catering the party. The doughy, salty, sweet dishes are spread across the counter.

redirect
The park has been carved out of a rocky hill. You think you're heading north, but really, you're climbing to a lookout point. It's a beautiful detour. You head back down, and again attempt to make your way north. Now you're in a garden. Could these stairs take you out of the park? No, you wind up at another lookout point. Best make yourself comfortable. Here's a bench.

serpentarium
He has turned a part of the basement into a sanctuary for snakes. They live in drawers and pails. Many of them are stuffed animals, and the rest are plastic, but he takes the trouble to feed them and set up a program for breeding them.

shorting
There's this frustrating thing that happens in conversations. People hear the name of a person or thing they don't like, and their brain blows a fuse. From thoughtful, complete sentences, they go to slogans and taunting names. They begin to raise their voice, and the intelligence leaves their eyes.

suggesting
As she sleeps, expressions drift across her face - a wrinkle of fussiness, the glow of a passing smile.

surfing
With his face mashed into a couch cushion he says, "Why am I watching this garbage when there's other garbage on?"

tidily
They have trim beards and pleasant smiles, colorful graphs on PowerPoint slides. And they make economics sound so straightforward.

Friday, January 20, 2017

Week in Seven Words #326

jagged
This time, the flare-up is over a jar of expired sauce. He slams the jar into the garbage bag; she fishes it out and nearly slices open her hand.

overlook
He likes the kids who act out. They're more honest, he says. But what about the kids who stuff their pain so deep it eats them alive, even as they smile and get good grades?

pinpricks
At a few points during the film, the panelists pause it to take questions. Some of them respond with substantive answers. Others devote their time to protracted thanks, reeling off names. The lights over the screen sear our eyes.

riff
A panhandler wearing a Trump mask props up a sign in front of him that says "Mexican Wall Fund."

thumbing
At a meal of rituals, songs, and prayers, he keeps an eye on hockey scores, checking his phone with an exaggerated sneakiness that's meant to fool no one.

warmed
They hug, for once, in a small room saturated with cooking smells - meat sizzling, herbed potatoes softening.

yarn
We toss ideas back and forth and build a story, with joy and energy.

Friday, May 31, 2013

Nonfiction Book of the Month: Why Nations Fail by Daron Acemoglu and James A. Robinson

Cover image for Why Nations Fail

The authors advance the thesis that the primary reason behind a nation's economic failure or success is its political system. For instance, does a given society have more inclusive political and economic institutions that allow meaningful participation from a broader variety of people, including various groups with competing interests? Or is the distribution of power much more limited, with those in power extracting wealth from others and using it largely to stay in power and advance their own narrower interests?

The authors offer a wide variety of examples from all different parts of the world and periods in history. For example, they discuss why the Industrial Revolution took off in a place like Great Britain, while technological progress was slower in other parts of Europe (with progress generally much more limited in Eastern vs. Western Europe). What was it about the changes in Great Britain's society leading up to the late 18th and early 19th century that helped lay the groundwork for the Industrial Revolution, especially given that Britain was poor and underdeveloped for so much of its history? What was the legacy of colonialism in different parts of the world, given the different kinds of political institutions put in place by colonial powers (including the way they used existing institutions in the lands they took over)?

The editing of the book could have been much better. The book often gets repetitive, sometimes with the same point repeated across consecutive paragraphs. Still, it's a thought-provoking and worthwhile read.