Capturing the promise of mobile banking in emerging markets.

Dr Know-it-all Lynch is back. He is the paradigmatic exalpme of economists thinking they can apply simple rules to manage complex systems. It is not because you have a PhD in Economics that it means you understand everything about scientific research. If you work in theoretical physics for instance, and you come up with a wrong model for nucleosynthesis, the consequences are limited. If you have a wrong model for the relation between S&T, economy, and government expenditures, and you have all the freedom to test it because your PhD and loud mouth give you credibility, it is differentThe creation of CFI was certainly a good thing at the time, as it helped starving universities to acquire expensive equipments, and it helped young academics start their labs. The results for universities are excellent: good publication and citation rates. Was all this money spent wisely? Not sure. Is it possible that less money, injected in the granting councils could have given the same results? Maybe. Did it allow for too much political interference? Most probably. Did it foster “innovation”? Apparently not, otherwise we would not we be discussing about all that now.He talks about excellence, good. Considering his failure, he should just keep quiet.

These pieces really set a standard in the iundtrsy.