Wednesday, July 19, 2017

Kwang Kim

1. Macroeconomic- stab, dem, marketize. Necessary but insufficient.
2. Microeconomic - Not nations develop but firms and industries.
3. Human resource school- the only investment with possibilities of infinite returns is in children. - Gary Becker
4. Natural resource school - commodity
5. Knowledge school- all about filling gaps in knowledge: Paul romer. Make data available. boNo
6. Institutional - corruption ridding. Good governance. Douglas North. Law and norms.
7. Culture school. All about culture. Larry Davidson. Culture matters. Max Weber.

Not talk to each other.
Specialize for job but keep broad perspective

Spiritual divide. Lack of integration.
Sin divides.

God cares. What we do matters.

Urbana: yield to God.

Plowing the seed
Strategy of developing economic development.