Economists did something even better than predict the crisis. We correctly predicted that we would not be able to predict it.

- William Easterly

We need a revolution in development thinking and practice. Foreign aid, debt relief, family planning, democracy, education, and free markets have not…

- 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

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

There was no Marshall Plan for Harry Potter, no International Financing Facility for books about underage wizards. It is heartbreaking that global so…

- William Easterly

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…

- William Easterly

The rich have markets, the poor have bureaucrats.

- William Easterly

When you are in a hole, the top priority is to stop digging.

- William Easterly

If there is one number to which the rights of millions will be happily sacrificed, it is the national GDP growth rate.

- William Easterly