Discover the core principles of development economics, including top theories like mercantilism and structural-change theory, ...

On Aug. 15, 1947, British colonial rule in South Asia officially ended. The four independent states that eventually emerged in its place — India, Pakistan, Sri Lanka, and Bangladesh — all faced urgent ...

The history of economic thought traces the evolution of ideas about production, distribution and exchange from antiquity to the present. Its narrative begins with early reflections on wealth in ...

Andrew Leigh’s The Shortest History of Economics is the latest in a series of such histories, mostly focused on particular countries. It begins with a striking mini-history of household lighting, ...

Discover Joseph Schumpeter's influential theories on creative destruction, entrepreneurship, and capitalist evolution—key ...

In 1985 a new college graduate named Michael Kremer traveled to Kenya hoping to learn more about a topic he had studied at Harvard: economic development in low-income countries. He didn’t anticipate ...