How Do We Grow? Jane Jacobs on Diversification and Specialization

This recent paper from Challenge (May-June 2005) gives an expanded treatment of Jane Jacobs’ economic thought focusing on her theory of development and growth (or the lack thereof). In particular, it explains her remarkably insightful and unorthodox treatment of the issues of specialization and comparative advantage.

Can the World Bank be Fixed?

Not really. If the goal of development assistance is to foster autonomous development, then most aid and “help” is actually unhelpful in the sense of either overriding or undercutting the autonomy of those being “helped.” The two principal forms of unhelpful “help” are social engineering and charitable relief. The World Bank is the primary example over the last half century of the failures of social engineering to “engineer” development.