Chasing the Norm

Australian academic and blogger on politics, international relations, and culture

The Tyranny of Experts

The Tyranny of Experts: Economists, Dictators, and the Forgotten Rights of the Poor
by William EasterlyTyranny of Experts

Easterly’s essential argument is simple: Western aid/development experts have focused on economic growth and not economic organisation. They have accepted the dictators gambit, that authoritarianism is acceptable if it comes with higher growth. But as Easterly shows this is almost never true. Instead, we should focus on ensuring the poor have the economic and political liberty (such as private property rights, free speech etc) and then the growth will come. Not just in rare busts, but long sustained development.

« Previous post