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When you are in a hole, the top priority is to stop digging.
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politics
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William Easterly |
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Remember, aid cannot achieve the end of poverty. Only homegrown development base on the dynamism of individuals and firms in free markets can do that.
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poverty
development
economics
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William Easterly |
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The technocratic illusion is that poverty results from a shortage of expertise, whereas poverty is really about a shortage of rights. The emphasis on the problem of expertise makes the problem of rights worse. The technical problems of the poor (and the absence of technical solutions for those problems) are a symptom of poverty, not a cause of poverty. This book argues that the cause of poverty is the absence of political and economic right..
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William Easterly |
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Any factor that breeds polarization will worsen policy, and thus cause lower growth.
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politics
economy
growth
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William Easterly |
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1ce1217
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Almost three billion people live on less than two dollars a day, adjusted for purchasing power.5 Eight hundred and forty million people in the world don't have enough to eat.6 Ten million children die every year from easily preventable diseases.7 AIDS is killing three million people a year and is still spreading.8 One billion people in the world lack access to clean water; two billion lack access to sanitation.9 One billion adults are illit..
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William Easterly |