... money should not be spent according to what the West considers the most dramatic kind of suffering.
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.
Any factor that breeds polarization will worsen policy, and thus cause lower growth.
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 righ...
When you are in a hole, the top priority is to stop digging.
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...