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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 … Read more

If it makes sense to mobilze the army and everyone else to come to the aid of the poor and unfortunate after a natural disaster (like Katrina), why doesn’t it make sense to mobilze this level of support for “them” the rest of the time? Is it because, barring a natural disaster, it’s their own … Read more