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chance of making at least one or two fewer mistakes than the previous generation in the time that remains.
ben goldacre: one of those reads that makes everyday life much richer, because of the patterns and applications that you start to spot everywhere you look. If you don't read it, people like the guy in this clip will outwit you every time.
"This is what prosperity is: the increase in the amount of goods or services you can earn with the same amount of work."
"If I make the clothes, you catch the food" brings increasing returns. Indeed, it has the beautiful property that it does not even need to be fair. For barter to work, two individuals do not need to offer things of equal value. Trade is often unequal, but still benefits both sides. barter -- the simultaneous exchange of different objects -- was itself a human breakthrough, perhaps even the chief thing that led to the ecological dominance and burgeoning material prosperity of the species.
with frequent setbacks, trust has gradually and progressively grown, spread, and deepened during human history, because of exchange.
chickens and fish convert grain into meat three times as efficiently as cattle; pigs are in between) - and a great deal of trade, not just because the mouths and the plants will not be in the same place, but also because trade encourages specialization in the best-yielding crops for any particular district.
Farm subsides and import tariffs on cotton, sugar, rice, and other products cost Africa $500 billion a year in lost export opportunities -- or twelve times the entire aid budget to the continent.
Rural self-sufficiency is a romantic mirage. Urban opportunity is what people want.
in list: Insights into World affairs, how to be an adult & be great at it too
" sit down to write a giant list of unanswered questions, for situations where we don't know if an intervention works: this will be most of them. Then we filter down to questions where a randomised trial can feasibly be run. Then we do them.
This won't cost money: it will save money, in unprecedented amounts, by permitting disinvestment in failed interventions, and it will transform the country. It's efficient, it's sensible, and it will never happen, because politicians are too ignorant of these simple ideas, too arrogant to have their ideologies questioned, and too scared - let's be generous - of hard data on their good intentions."
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