William Easterly Quotes


The biggest problem is that the rich people paying the bills do not share the same goals as the poor people they are trying to help. The wealthy have weak incentives to get the right amount of the right thing to those who need it; the poor are in no position to complain if they don’t.


Citations

William Easterly, Economist, “The Utopian Nightmare,” Foreign Policy September/October 2005

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William Easterly
William Easterly
  • Born: September 7, 1957
  • Nationality: American
  • Profession:

William Russell Easterly is an American economist, specializing in economic development. He is a Professor of Economics at New York University, joint with Africa House, and Co-Director of NYU’s Development Research Institute. He is a Research Associate of NBER, senior fellow at the Bureau for Research and Economic Analysis of Development (BREAD) of Duke University, and a nonresident senior fellow at the Brookings Institution in Washington DC. Easterly is an associate editor of the Journal of Economic Growth.