Category: Economic Development

The paperback edition of “The Idealist: Jeffrey Sachs and the Quest to End Poverty” was eagerly anticipated. Well, by me, at least. I have spent the past year reading broadly on the topic of economic development. Sachs’s 2005 bestseller, “The End of Poverty,” is by far the most optimistic and prescriptive of the lot. He…

William Easterly is a bur in the saddle of global economic development agencies. Once a true believer is the top-down, technocratic approach to poverty alleviation, he is today the most trenchant advocate for a bottoms-up, individual-rights-first approach. “The Tyranny of Experts: Economists, Dictators, and the Forgotten Rights of the Poor” is his latest double-barreled blast…

Explaining the sustained economic growth that certain parts of the world have experienced since the First Industrial Revolution in the latter half of the eighteenth century has become something of its own field of study in the world of economic history. In fact, according to authors Mark Koyama (George Mason University) and Jared Rubin (Chapman…