Tag Archives: arterial drainage

Why rural Ireland is doomed?

Lewis Davis says:

Empirically, I find a robust negative correlation between rainfall variation, a measure of exogenous agricultural risk, and a measure of individual responsibility. Using rainfall variation as an instrument, I find that individual responsibility has a large positive effect on economic development.

Abstract on Tyler Cowen‘s site. You can rent the whole article for $6.

 

Saving the banks

The banks, the Fergus and the lost island of Islandavanna.