
tyro
173.2K posts

tyro
@DoubleEph
Writing at @1914reader/ https://t.co/Yk1Jgq3e1y













Botswana did everything right: they put their diamond money in a sovereign wealth fund, funded education, successfully fought corruption, and tried to diversify their economy. And it hardly made a difference. Growth still reversed when the diamond market went bust. The education spending produced hardly any improvement in student performance. Turns out “good institutions” are not, in fact, the secret sauce, at least not on their own. This is not at all surprising if you have the right priors, but it’s very interesting to see it documented and quantified. Great article


The wheels are coming off the dim-witted authoritarian known as Zack Polanski telegraph.co.uk/politics/2026/…



Burnham announces: 1. Casey will bring forward her review by a year to summer 2027. He wants it to focus on creating a National Care Service that is ‘highly integrated’ with the NHS. 2. He will look at improving pay and progression of social care workforce. 3. Cross party talks to begin today.




