Carol Graham
Capsule Review
Mar/Apr
2010
A growing literature on the economics of happiness has used behavioral psychology to enrich traditional theories of growth and welfare and produce broader measurements of quality of life. Global surveys now shed light on age-old questions about "the good life," even if, as Graham and Lora are careful to point out, there are many methodological imperfections.
Capsule Review
Sep/Oct
2002
Essay
Jul/Aug
1997
Decades ago, donors saw aid as a transfer of resources from rich to poor countries. Today they see it more as a means of improving recipient countries - use of domestic resources. And though aid has had its successes in humanitarian relief and family planning, its record is mixed when it comes to promoting economic growth. Many nations in sub-Saharan Africa are poorer than when they began receiving aid. The solution is not to end foreign aid, but for donors to know when to say when, cutting off countries that fail to adopt sound economic policies and rewarding those that do.
