Next up in the African series is Cameroon. It’s a former French colony that became independent in 1960 and has had a relatively stable government since then. It’s not perfect, hardly. Per-Capital GDP is $2,400 – better than many of its neighbors in West Africa, but hardly great. This is a book of short stories published in 1999 by the… [Read More]
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Tag: emerging markets
Why I love soccer
The second part to yesterday’s post. I’m not all negative – and here are some reasons I love soccer: It’s a cheap, safe sport for kids. Despite what you may think when you see the fits of pain that send professionals to the ground for minutes at a time, there are few serious injuries in… [Read More]
Thomas Friedman discovers consignment stores
Oh, what do we do with Thomas Friedman? The naif let loose in the big scary world? Last Sunday, he wrote about an amazing new factor in the global economy: people selling used clothing! How he missed eBay, I’ll never know, let alone the world of consignment stores and high-end charity thrift stores. This isn’t… [Read More]
So I bought a Zimbabwean 100 trillion note on eBay
Picture to follow when it arrives. It was $5.95. If the seller were the Zimbabwean government (it’s not), I’d think that it was a revenue-raising gimmick, the way that so many small countries produce stamps for collectors.
