Tuesday, June 24, 2014

Econ Talk: William Easterly on Development Economics

EconTalk is a weekly podcast conducted by highly respected economist Russ Roberts of the Hoover Institution at Stanford University.  His show is superb, and I've recommended numerous episodes of his to OLS readers in the past.  Well, I'd like to add his most recent podcast to that list; in this instance, Roberts interviews perhaps the leading economist on the topic of developing third-world economies, William Easterly (see here for more on Easterly).  Here's the description of the hour-long, highly recommended, chat:
William Easterly of New York University and author of The Tyranny of Experts: Economists, Dictators, and the Forgotten Rights of the Poor talks to EconTalk host Russ Roberts about the ideas in his book. Easterly argues that poverty endures in many poor countries because of a lack of economic and political freedom for its poorest members. He argues that the aid process and the role experts play in that process reinforces the oppression of the poor. Other topics discussed include data-oriented solutions, autocracy vs. democracy, and Easterly's perspective on development from Bill Gates and recent EconTalk guest Jeffery Sachs.
I really enjoyed this episode, but I should advise that Easterly is an academic and he comes across as such.  If you show some patience, you'll be amply rewarded, I believe!