Dear Readers, Can you indulge me with a little survey?
Please tell me which you think is more probable:
(A) a country succeeds at economic development, or
(B) a country succeeds at economic development with a wise and capable leadership.
Please answer ONLY whether you think (A) or (B) is more probable, with no elaboration, just post a comment on this post saying “(A)” or “(B).”
Thanks, Bill Easterly
The Aid Watch blog is a project of New York University's Development Research Institute (DRI). This blog is principally written by William Easterly, author of "The Elusive Quest for Growth: Economists Adventures and Misadventures in the Tropics" and "The White Man's Burden: Why the West's Efforts to Aid the Rest Have Done So Much Ill and So Little Good," and Professor of Economics at NYU. It is co-written by Laura Freschi and by occasional guest bloggers. Our work is based on the idea that more aid will reach the poor the more people are watching aid.
“Conscience is the inner voice that warns us somebody may be looking.” - H.L. Mencken
© New York University
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225 Comments
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For the record, my interpretation of “wise and capable leadership” assumes that the wise will be a lot like the wise authors of The Federalist Papers, and NOT the “wise” authors of public works programs.
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Presuming wise and capable means commited to control corruption.
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equally likely
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equally likely
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B.
(where “wise and capable” = “no egregious rent seeking”!)
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