A Quote by William Easterly

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
We need a revolution in development thinking and practice. Foreign aid, debt relief, family planning, democracy, education, and free markets have not succeeded.
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.
You said, 'Planning is something for communist countries; democracy and planning don't go together!' But, with all the errors we committed, our plans succeeded.
Foreign trade is not a replacement for foreign aid, of course, but foreign aid to a country that doesn't also engage in significant amounts of foreign trade is more likely to end up in the pockets of dictators and cronies.
The family unit is fundamental for the educational process and for the development both of individuals and states; hence there is a need for policies which promote the family and aid social cohesion and dialogue.
Conservatism is the perfect antidote to underdevelopment. Its commitment to individual responsibility, education, hard work, personal initiative, traditional family values and free markets is a universal formula for success in a free society.
What is gained by debt relief and aid can be lost if we don't get a proper trade agreement in Hong Kong.
It's oftentimes the case that relief workers, people who've been involved in development projects and foreign assistance, have a real understanding of foreign cultures that the military desperately needs if we're going to be able to work effectively.
I would replace most foreign aid with a tax credit for businesses to invest. I think U.S. bureaucrats giving foreign bureaucrats money is a guaranteed failure. And we've had about 50 years' experience at failing with foreign aid.
We need another revolution in the Arab world. We need an education revolution. If there's one thing we need to focus on, it's redesigning our educational systems.
The economy, virtually all the new income has gone to the top 10 percent, and we need to find those areas where we can actually make a change in that. And that includes enhancing manufacturing jobs in this country, it includes the ability to go to community college for free, it includes the ability to have debt-free higher education, it includes career technical education in our high schools. It also includes taking on the pharmaceutical companies on the extravagant prices that they`re charging for the drugs. Americans need to stay healthy.
Governments of rich countries spend some $6bn of tax money a year on disaster relief and development aid overseas, while each new earthquake, famine or tidal wave can attract 1,000 aid organisations, from the United Nations Children's Fund and Oxfam to the 'Jesus Brigades' of the American south and other charitable adventurers.
The Treasury plan is a disgrace: a bailout of reckless bankers, lenders and investors that provides little direct debt relief to borrowers and financially stressed households and that will come at a very high cost to the US taxpayer. And the plan does nothing to resolve the severe stress in money markets and interbank markets that are now close to a systemic meltdown.
We, being the Western world, wouldn't let Russia off the hook on debt. So there were demands on debt servicing in the early days until they ran out of reserves. There was no real aid program, just a fictional aid program.
The world has come around to the view that democracy is essential for full human development. And only education and skill development can make this possible.
Plants are shaped by cultivation and men by education. .. We are born weak, we need strength; we are born totally unprovided, we need aid; we are born stupid, we need judgment. Everything we do not have at our birth and which we need when we are grown is given us by education.
In a society governed passively by free markets and free elections, organized greed always defeats disorganized democracy.
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