Occupation: Economist Birth: September 7, 1957
We need a revolution in development thinking and practice. Foreign aid, debt relief, family planning, democracy, education, and free markets have not….
To escape the cycle of tragedy, we (searchers) have to be tough on the ideas of the planners, even while we salute their goodwill..
Economists did something even better than predict the crisis. We correctly predicted that we would not be able to predict it..
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..
Peter Montiel has long set the highest standard for lucid textbooks on the macroeconomics of developing countries. Now in this new edition of his sup….
There was no Marshall Plan for Harry Potter, no International Financing Facility for books about underage wizards. It is heartbreaking that global so….
When you are in a hole, the top priority is to stop digging..
If there is one number to which the rights of millions will be happily sacrificed, it is the national GDP growth rate..
The rich have markets, the poor have bureaucrats..