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Bill Easterly on the other people are stupid fallacy

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via William EasterlyNYU Development Research Institute | NYU Development Research Institute.

Bill Easterly on development and freedom

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Bill Easterly on who shall nudge the nudgers

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Bill Easterly at the Asian Development Bank

— United Nations Conference on Trade and Development, a body that has long distinguished itself by promoting all the bad ideas that stifle both trade and development.

— But any Asian leader who hasn’t already figured out that trade should be mainstream after Asia’s world-historical trade explosion is past the point of rescue anyway.

— Successful trade booms (and the accompanying infrastructure demand) come about through letting free market entrepreneurs run wild to find things foreigners want rather than consulting ADB bureaucrats on designing a “national development strategy.”

— All of which goes to show that the ADB’s fundamental problem is that it needs advice from successful Asian countries more than they need advice from it.

via Spontaneous Order: Bill Easterly on ABD.

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