Posted on 02/11/2008 9:16:16 PM PST by newbie2008
William Easterly of NYU talks about why some nations escape poverty while others do not, why aid almost always fails to create growth, and what can realistically be done to help the poorest people in the world.
Squire Gates’ recent fashionable disquisition on the inadequacies of Capitalism in alleviating the poverty of The Little Brown People did have a salutary effect in bringing it’s defenders out to do battle afresh.
William Easterly is the author of “The White Man’s Burden” about the ineffectuality of Aid and NGO’s in solving Africa’s myriad woes. He’s a favorite whipping boy of the celebrity famine-whores.
(Paraphrased from one of Rush's aphorisms).
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