When It’s Just Too Simple

Product Image: The Elusive Quest for Growth
My rating: 4 out of 5

Easterly argues that for all the money, theorizing, and research that have been poured into the effort to raise the standard of living in developing areas, little progress has been made because everyone ignores the first principle of economics: people act in response to incentives. If we wish to take education into the developing world, what are the incentives to which we expect potential learners will respond? A fun read, full of great quotes like “The prime suspect for mucking up incentives is government” (217).