One of the best Indian dairy cooperative-based Nobel pun cartoons you’ll see all day. Guest post by Jeff Mosenkis of Innovations for Poverty Action That is Abhijit Banerjee & Esther Duflo above, thanks to Neela Saldanha and Elizabeth Koshy for explaining that Abi Jit means “(He) just won” or “won now,” so it means “just won the Nobel.” And that the dairy cooperative Amul is known in India for their punny billboards (which you can also find on their twitter feed).On the Nobel sugar high,...
Read More »Lars P. Syll — Esther Duflo vs Elinor Ostrom
Agnès Labrouse quote. The most revelant sentence: While Duflo and Banerjee are in line with a technocratic democracy, the Ostroms sustain a Tocquevillean democratic self-governance. For the latter, institutions emanating from democratic processes, far from being straitjackets, are the core of economic processes. They simultaneously constraint and enable human action. Paternalism versus democracy. That's pretty much the "compassionate conservative," liberal divide. Lars P. Syll’s...
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