Lift themselves out of poverty so to the extent of the minimum wage laws are out of the labor market to the extent that the result in a reduction of jobs overall on the economy, they dont help address poverty even though the left continues to sell minimum wage hikes as an antipoverty tool. Host as we talk about minimum wage and you write about the minimum wage if we talk about other issues that are in this book please stop hoping us to liberals make it harder for blacks to succeed, what is your commitment . Do you think is leaving the civil rights leaders to help the black community . Community . Guest i think its important not to be put into the groupthink. Its important not to say that right thing for the fear that he will be called names, and i think its amazing how the spheres can take hold. I remember going to visit my older sister back home in buffalo shortly after they started the wall street journal and i found myself in a conversation with my niece, her daughter asking her wha
Douglass or go back to the perky washington this is what they were saying. They were optimists. They said i think we are going to have them one day. But the more important job is to read the people and to be able to take advantage of those opportunities once we have been. And that has been the failure of liberalism in my mind. Is that they have not prepared to blacks through the policies that they have pushed to take advantage. We have created a people that see themselves first and foremost as victim victims and t helpful and it has to change. Host so the liberals have helped to enable the community. Guest the worst aspect of the subculture that they have helped today. Host and also at the time when the Minority Group in this country will alternately wind up being the majority in the years to come soon but at the same time you are saying that africanamericans should take the selfcontrol responsibility that when you are talking about pulling the government away from this, where does the
Its just over one hour and 15 minutes. [applause] thank you so much for that warm introduction. Its a great pleasure to be here with you. I want to talk today about something that has unconsciously and indirectly led to a tierney of experts. Lets call it the technocratic approach for Economic Development. Its the idea that poverty is really just a set of technical problems. So, for example the area there is a variety of Technical Solutions one of them involves spraying a chemical called pyrethroid on the walls of peoples houses and the inside wall to kill mosquitoes that kill malaria. It helps fight malaria and other Technical Solutions might be to convert land to higher value uses like from food crops that have low value to those that have higher value the approach of the element that seems so appealing Industry Forward and uncontroversial may not in fact be quite that easy. This is the punchline to a joke. This isnt a happy part of the talk im afraid. On the morning of february 28, 2
Unemployment level not the sort of tag line unemployment level for what was lost to individuals throughout, and relative to the bailouts and the subsidies that have been given since, and doddfrank came along and did nothing remotely like dissecting speculation from depositors and traditional banking activities. A look at the relationships between 1600 pennsylvania avenue and wall street tonight at 10 eastern and sunday night at 9ben after words, part of booktv this weekend online. Next, New York University Professor William easterly talks about the failure of the United Nations and other organizations to reduce poverty since world war ii. It is from the Rand Corporation in santa monica, california. [ applause ] thank you so much for that warm inductitroduction. It is great to be here with you. I am going to talk about something that has unconsciously and indirectly led to a tyranny of experts. Lets call it an approach to Economic Development. The idea that poverty is a set of technical
Im going to talk today about something that has unconsciously and indirectly led to a tyranny of experts. Lets call it the technocratic approach to Economic Development. Its the idea that poverty is really just a set of technical robs, so that, for example problems, so that, for example, for malaria theres a variety of Technical Solutions. One of them involves spraying a chemical on the walls of peoples houses, on the inside walls of peoples houses to kill mosquitoes that carry malaria. Thats a technical solution. Another technical solution might be to convert land to higher valueses like from food crops that have low value to Forestry Products that have high value. Now let me tell you why this might, this purely technical approach to development which seems so appealing, so straightforward, so countercontroversial might, in fact, be not quite that easy. So heres the story. And this is not a happy story. This is not like do not think this is the runup to a punch to a joke. Ill try to w