Economists did something even better than predict the crisis. We correctly predicted that we would not be able to predict it. William Easterly More Quotes by William Easterly More Quotes From William Easterly 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. William Easterly poverty development remember We need a revolution in development thinking and practice. Foreign aid, debt relief, family planning, democracy, education, and free markets have not succeeded. William Easterly democracy practice thinking The rich have markets, the poor have bureaucrats. William Easterly bureaucrats rich poor To escape the cycle of tragedy, we (searchers) have to be tough on the ideas of the planners, even while we salute their goodwill. William Easterly tough tragedy ideas When you are in a hole, the top priority is to stop digging. William Easterly top-priorities digging priorities There was no Marshall Plan for Harry Potter, no International Financing Facility for books about underage wizards. It is heartbreaking that global society has evolved a highly efficient way to get entertainment to rich adults and children, while it can't get twelve-cent medicine to dying poor children. William Easterly medicine book children If there is one number to which the rights of millions will be happily sacrificed, it is the national GDP growth rate. William Easterly gdp rights numbers Peter Montiel has long set the highest standard for lucid textbooks on the macroeconomics of developing countries. Now in this new edition of his superb classic Macroeconomics in Emerging Markets, he has surpassed even himself. He uniquely fills the gap between rich-country-obsessed macro- and micro-obsessed developing-country analysis. No student of the macroeconomics of development will henceforward be able to do without this book. William Easterly rich-countries country book
