September 08, 2005
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You're right: I don't like it.
I thought the point of blogging was that, unlike the mainstream media, we were not forced to write superficial and incorrect summaries of expert opinion?
Actually, your article is not too bad until it gets to the denoument:
If Easterly is correct in his paper then we're just about to waste $175 billion a year (roughly that 0.7% of GDP that the rich countries are pledged to) having misidentified the situation.
As I pointed out in the correction on my blog to your earlier post, that isn't the correct conclusion from Easterly's paper. The correct conclusion is that aid will not, on its own, achieve the results that Sachs and others appear to suggest it might. Nowhere does Easterly say that it would be wasted.
You've jumped from a reasoned, nuanced point (hopes of a big push and growth take off are too optimistic) to a kludgingly wrong conclusion (aid is wasted). These are not the same thing.
Posted by: Owen Barder | Sep 8, 2005 9:10:32 PM
"I thought the point of blogging was that, unlike the mainstream media, we were not forced to write superficial and incorrect summaries of expert opinion?"
Wherever did you get that idea, Owen? That's pretty much Tim's stock in trade, as far as I can see.
Posted by: Jim | Sep 9, 2005 12:35:30 AM
Shouldn't you ask the people who work whether they actually want to be poorer and be enslaved for this idea?
Personally I'd say no thanks! I'd help more by just purchasing something I liked from Africa if governments trusted their peoples enough to allow them free trade.
Posted by: Rob Read | Sep 9, 2005 4:43:53 PM