S1 Episode #6 - Bill Easterly - "Aid and Development"

S1 Episode #6 - Bill Easterly - "Aid and Development"

Economists on Zoom Getting Coffee

Economists on Zoom Getting Coffee hosts Prof. William (Bill) Easterly.   


Easterly is a development economist. A professor of Economics at New York University, he is also the Co-director of the NYU Development Research Institute. He is a very influential figure both in academia and beyond. He has written three books that have shaped our thinking about economic development: The Tyranny of Experts (March 2014), The White Man’s Burden (2006), and The Elusive Quest for Growth (2001).  


In this episode we discussed about the main insights from his recent books, and differentiate between aid --people who are rich giving money to people who are poor-- and development, which involves transformational changes that can transform a country from being poor to being rich. We very candidly discussed about what work and what doesn't when it comes to aid and development, including the role of the World Bank, and of other international development agencies, when achieving --or not-- development goals.  


Prof. Easterly is the author of over 60 peer-reviewed academic articles, many written columns for the the New York Times, Wall Street Journal, Financial Times, and Washington Post, among others. Among his many affiliations, he is a Research Associate of the NBER, and senior fellow at BREAD. Foreign Policy Magazine named him among the Top 100 Global Public Intellectuals in 2008 and 2009, and Thomson Reuters listed him as one of Highly Cited Researchers of 2014. In the past he also served as a Co-Editor of the Journal of Development Economics.


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