To understand how to alleviate poverty, we must understand growth and progress. Progress comes from new and better ideas. Ideas come in two flavors, technologies and rules. To foster growth and development, the world’s poorest residents need an opportunity to copy existing technologies and existing rules that are known to work well.
Tuesday, October 6, 2009
Charter Cities
William Easterly interviews Paul Romer. One bit from Romer (Aid Watch):
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