Innovation Improves Quality of Life Even When Incomes Lag
The standard of living in developing countries has increased much faster than growth in income because of innovation, which has driven down the cost of goods and services.
The standard of living in developing countries has increased much faster than growth in income because of innovation, which has driven down the cost of goods and services.
Dennis Whittle | Posted 08.08.2009 | World
Some interventions can make things worse, via the law of unintended consequences. The larger the intervention, the more severe the possible negative consequences.
Sunil Chacko | Posted 07.18.2009 | World
Leading lights of the aid movement -- Geldof, Bono, Sachs and Easterly -- continue to bicker with politicians and amongst themselves without taking a visible role in reform of the levers of assistance.
Jaime Pozuelo-Monfort | Posted 10.04.2009 | Politics
Academics are laggards, eternal followers that lack the ability to innovate and continue to inhabit a world of quantitative models oftentimes not descriptive of today's reality.
Jaime Pozuelo-Monfort | Posted 10.04.2009 | Business
Microfinance's intellectual debate could be healthy but it oftentimes ends up in intellectual wars that forsake the ultimate goal: the alleviation of extreme poverty.
Jaime Pozuelo-Monfort | Posted 10.04.2009 | World
The rescue of the bottom billion is only a reality if Mr. Sachs and Mr. Easterly put their outstanding intellectual skills to work instead of trying to win a debate that academics will perpetuate so long as they exist.
William Easterly | Posted 07.03.2009 | World
Calling 63 countries "potentially well governed" is like saying Paris Hilton is potentially a virgin; ignoring bad government is a formula for the same kind of bad aid policy that produced decades of failure.
Jeffrey Sachs | Posted 07.02.2009 | World
Sub-Saharan Africa faces a constellation of special challenges, with greater or lesser impact in different parts of the region. These challenges should be addressed forthrightly and in an integrated manner.
Dennis Whittle | Posted 02.05.2009 | World
Below is a clip where I talk about how much brainpower is wasted in top-down hierarchical systems like the World Bank.
Dennis Whittle | Posted 02.02.2009 | Entertainment
Check out the trailer for the coming documentary for The White Man's Burden, a book by Bill Easterly. The movie is coming out in 2010, and I urge you to read the book in 2009.
Dennis Whittle | Posted 09.18.2009 | World