HOME PIXEL - the Cambridge Undergraduate Journal of Development Economics is a student run journal committed to promoting research and writing by undergraduate students around the world in the field of development economics. CALL FOR SUBMISSIONS IS ON-GOING - Deadline for the 2010 issue is September 1st. The second issue of PIXEL is now available online. It approaches a world of real, second best constraints, constraints of political and social acceptability, of the feasibility and prospects of reform in the enclose of existing institutions, of prevalent uncertainty and limited information. Because we do not live in the best of all possible worlds, because the invisible hand can go off beam and markets are fallible, because individuals are not Robinson Crusoe-like isolated islanders and social institutions can matter. "We are merely reminding ourselves that human decisions affecting the future, whether personal or political or economic, cannot depend on strict mathematical expectation, since the basis for making such calculations does not exist; and that it is our innate urge to activity which makes the wheels go round, our rational selves choosing between the alternatives as best we are able, calculating where we can, but often falling back for our motive on whim or sentiment or chance." /John Maynard Keynes/ A flyer is now available for download. Please feel free to circulate it/ post it at your university.