This image includes a non random selection of my facebook status comments during 2009 (you can find the FB app   under “my year in status”).  Egocentric, yes but a bit therapeutic, too.

This is from The Brookings Institution–(check the links to the conference papers below!)  The conference brought together a great group of micro and macroeconomists.

What Works in Development? Thinking Big and Thinking Small

Bill Easterly and Jessica Cohen of Brookings recently convened a conference with leading development experts to explore one of the most vexing issues of global development: what do we really know about what works and what doesn’t when fighting global poverty? The conference focused on the ongoing debate over which paths to development really maximize results: a big-picture approach focusing on the role of institutions, macroeconomic policies, growth strategies and other country-level factors; or a more grassroots approach focusing on particular microeconomic interventions such as conditional cash transfers, bed nets, teaching materials and other micro-level improvements in service delivery on the ground.

CONFERENCE PAPERS:

• The New Development Economics: We Shall Experiment, But How Shall We Learn?
  Author: Dani Rodrik (Harvard University, Kennedy School of Government)
  Discussants: Sendhil Mullainathan (Harvard University) & Martin Ravallion (World Bank)
• Breaking Out of the Pocket: Do Health Interventions Work? Which and in What Sense?
  Authors: Simon Johnson (International Monetary Fund) & Peter Boone (London School of Economics, Centre for Economic Performance)
  Discussants: Anne Case (Princeton University) & Jessica Cohen (Brookings Institution)
• Pricing and Access: Lessons from Randomized Evaluations in Education and Health
  Author: Michael Kremer (Harvard University and the Brookings Institution)
  Discussants: David Weil (Brown University) & Paul Romer (Stanford University)
• The Policy Irrelevance of the Economics of Education: Is ‘Normative as Positive’ Just Useless, or is it Worse?
  Author: Lant Pritchett (Harvard University, Kennedy School of Government)
  Discussants: Ben Olken (Massachusetts Institute of Technology) & Nancy Birdsall (Center for Global Development)
• High Bandwidth Economic Policies: Strategies To Speed Up Productive Transformation
  Author: Ricardo Haussman (Harvard University, Kennedy School of Government)
  Discussants: Nava Ashraf (Harvard University Business School) & Ross Levine (Brown University)
• Big Answers For Big Questions: The Illusions of Macroeconomics
  Author: Abhijit Banerjee (Massachusetts Institute of Technology)
  Discussants: Peter Klenow (Stanford University) & William Easterly (NYU and Brookings Institution)

In a very interesting piece on the fallacy of taking “the normative model of education as a true positive model” (NAP), Lant Pritchett cites Pigou:

“It is not sufficient to contrast the imperfect adjustments of unfettered enterprise with the best adjustment economists in their studies can imagine. For we cannot expect that any State authority will attain, or will even wholeheartedly seek, that ideal. Such authorities are liable alike to ignorance, to sectional pressure, and the personal corruption by private interest.”

The whole piece is here:

The Policy Irrelevance of the Economics of Education: Is ‘Normative as Positive’ Just Useless, or is it Worse?
Lant Pritchett (Harvard University, Kennedy School of Government).