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Are RCTs underpowered?

Maybe so: We study the statistical credibility of randomized controlled trials (RCTs) in development economics and the optimal allocation of resources to replication. Using 745 principal-hypothesis tests from 190 articles…

Seb Krier, Ricardian?

Here is the initial post. In the comments Michael Wiebe notes: “So progress per R&D dollar fell by 63%, even while progress per year doubled.”  File under: David Ricardo, underrated.…

The Paraguayan bank story

Despite its weaknesses, Paraguay’s young democracy was still able to deliver under stress. Its free, boisterous press was the first to sound the alarm about Peña’s shenanigans. The Central Bank’s…