The article that is posted here has already drawn several responses, not as comments here but as emails.? Perhaps I should have posted a disclaimer.? I?m not an economist, as is probably obvious to those who have read the article, but only a dabbler with a fascination in the history of economies on the world stage. Even in that area the reading list I can draw on is embarrassingly short. Read More
We all know that the Micronesian island nations are having problems building their economies.? Palau might be doing better then FSM and the Marshalls, but they all seem to be heavily dependant on Compact funds from the US.? Are the US-related island nations north of the equator doing worse than the rest of the Pacific Island nations?? Perhaps because?they’ve?become fat and lazy due to the Compact funds?
Last year, working with two Fordham graduate students, I gathered as much economic data about the island nations as possible so that we could compare the Micronesian nations with the rest.? When looked at this way, Read More