William Easterly Quotes

• 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

  Development, Poverty, Remember

  William Easterly (2006). “The White Man's Burden: Why the West's Efforts to Aid the Rest Have Done So Much Ill and So Little Good”, p.324, Penguin

  55 Copy quote

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

  William Easterly

  Thinking, Practice, Democracy

  19 Copy quote

• The rich have markets, the poor have bureaucrats.

  William Easterly

  Rich, Poor, Bureaucrats

  11 Copy quote

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

  William Easterly

  Able, Crisis, Economist

  9 Copy quote

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

  William Easterly

  Priorities, Top Priorities, Digging

  William Easterly (2006). “The White Man's Burden: Why the West's Efforts to Aid the Rest Have Done So Much Ill and So Little Good”, p.324, Penguin

  10 Copy quote

• There was no Marshall Plan for Harry Potter, no International Financing Facility for books about underage wizards. It is heartbreaking that global society has evolved a highly efficient way to get entertainment to rich adults and children, while it can't get twelve-cent medicine to dying poor children.

  William Easterly

  Children, Book, Medicine

  William Easterly (2006). “The White Man's Burden: Why the West's Efforts to Aid the Rest Have Done So Much Ill and So Little Good”, p.11, Penguin

  8 Copy quote

• 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

  Ideas, Tragedy, Tough

  10 Copy quote

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

  William Easterly

  Rights, Gdp, Numbers

  William Easterly (2014). “A The Tyranny of Experts: How the Fight Against Global Poverty Suppressed Individual Rights”, p.137, Perseus Books Group

  9 Copy quote

• Peter Montiel has long set the highest standard for lucid textbooks on the macroeconomics of developing countries. Now in this new edition of his superb classic Macroeconomics in Emerging Markets, he has surpassed even himself. He uniquely fills the gap between rich-country-obsessed macro- and micro-obsessed developing-country analysis. No student of the macroeconomics of development will henceforward be able to do without this book.

  William Easterly

  Country, Book, Rich Countries

  7 Copy quote

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