William Easterly is Professor of Economics at New York University, joint with Africa House, and Co-Director of the NYU Development Research Institute. He is also a non-resident Fellow of the[…]
The end of poverty is achieved through homegrown free markets.
Easterly: Well I think . . . A lot of my inspiration is really just the mainstream economics profession that I think has identified brilliantly the way that economic development and the end of poverty actually happens. And I think Jeffrey Sacks view is actually pretty much a minority view within the economics profession – that it requires some kind of top down administrative plan to solve poverty. I think myself as just being a spokesman and a popularizer for the mainstream economics’ view – that the end of poverty is achieved through homegrown free markets.
Recorded On: 7/6/07
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