Three Win Nobel Prize In Economics for Work in Reducing Poverty

Turks Cheer Erdogan's War Against Syrian Kurds ; IMF Downgrades Outlook for World Economy ; and More Picks

poverty, Nobel Prize, economics
The author writes: “A trio of researchers from Cambridge, Mass., has been awarded the Nobel Memorial Prize in economics for their work in addressing global poverty. Abhijit Banerjee and Esther Duflo — a husband and wife team from MIT — share the prize with Michael Kremer of Harvard. ‘This year's Laureates have introduced a new approach to obtaining reliable answers about the best ways to fight global poverty,’ the Royal Swedish Academy of Sciences said in a statement.” Photo credit: Pxhere
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Turks Cheer Erdogan’s War Against Syrian Kurds (Gerry)

From the Economist: “For many Turks, and for their president, Recep Tayyip Erdogan, the deaths will offer a chance to show that the invasion, seen here as another chapter in the endless war against the Kurdistan Workers’ Party (PKK), a separatist Kurdish group in Turkey, was a matter of necessity, not choice. Turkey says it is acting in self-defence. Such claims ring hollow, however.”

Cuomo Signs Law Aimed at Weakening Trump’s Pardon Power (DonkeyHotey)

The author writes, “Lawmakers said the measure was necessary to ensure state investigations don’t get derailed by the president.”

IMF Downgrades Outlook for World Economy, Citing Trade Wars (Chris)

The author writes, “The International Monetary Fund is … predicting that growth this year will be the weakest since the 2008 financial crisis primarily because of widening global conflicts. … The new forecast predicts global growth of 3% this year, down 0.2 percentage point from its previous forecast in July and sharply below the 3.6% growth of 2018. For the United States this year, the IMF projects a modest 2.4% gain, down from 2.9% in 2018.”

We Need a Fair Way to End Infinite Growth (Chris)

From Current Affairs: “Economies have already stretched beyond what the planet can sustainably provide. With wells running dry, arable topsoil being depleted, and increasingly extreme climate disruption, the flow of these resources will inevitably slow and, in some cases, stop entirely. The question now is whether growth will reverse in a way that’s peaceful, equitable, and deliberate, or violently haphazard, the result of countless unrecoverable calamities that collapse civilization into states of fractured barbarity, just because rich people want to keep being rich while everyone else gets poorer.”

An Invasive Fish That Can Breathe and Move on Land Has Been Found in Georgia (Mili)

The author writes, “Snakeheads have a voracious appetite; they’ve been known to chow down not only on other fish, but also crustaceans, reptiles, mammals and small birds. They are invasive to the United States, threatening to displace native species and upset the balance of aquatic ecosystems. The fish have been reported in more than a dozen states across the nation and, as Christine Hauser reports for the New York Times, they have now been found for the first time in Georgia.”

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