And indirectly led to a tyranny of exports. Lets call it that technocratic approach to Economic Development it is the idea that poverty is really just a set of technical problems. For example, from malaria there are a variety of Technical Solutions. One of them is bring at chemical called pyrethrum on the walls of peoples houses, on the inside of walls. That is a solution. Helps fight malaria. Another technical solution might be to convert land to higher value uses like food scraps that have low value to the great products that have higher value. Now let me tell you why the technical approach seems so appealing, so straightforward, so uncontroversial, might in fact be not quite ready. Here is the story. This is not a happy story. This is not like do not think of this has the runup to the punch line to a joke. I will try to work some and later, but this is not the happy part of the talk im afraid. On the morning of that urey 28, 2010, the villagers of that the gun that district or in ch
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
Socio-Economic Rights and Accountability Project (SERAP) says it will sue the World Bank if it fails to suspend the disbursement of the $800 million loan to