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Weekly links October 13: an anthropological rationale for randomization, what is Jholawala Economics?, changing norms, and more…

David McKenzie's picture
  • Another reason to justify random selection – Michael Schulson in Aeon “there are plenty of situations when random chance really is your best option. And those situations might be far more prevalent in our modern lives than we generally admit.” An interesting discussion drawing on anthropology of how different cultures have introduced randomness into decision-making, with the advantage being that it stops you using bad reasons for making decisions. “we might want to come to terms with the reality of our situation, which is that our lives are dominated by uncertainty, biases, subjective judgments and the vagaries of chance”
  • Maitreesh Ghatak reviews Jean Dreze’s new book “Sense and Solidarity - Jholawala Economics for Everyone”. See also this twitter thread by Abhijeet Singh on whether Dreze is underappreciated in development economics.