Aid Watch

This is not a link to a specific post, but a general plug for the blog Aid Watch. It's headed by William Easterly, the most famous economist working in that field who has any clue what he's talking about. Aid is another one of those economic subjects that astounds me to read about sometimes: the party line is so obviously misguided, but most people defend it zealously anyway. And this is a subject that has a real-world influence. Bush & Obama's Pandering to the Elite Act will cause hardships for people here, but it's not a matter of life and death. Misguided approaches to aid are letting people die by propping up bad institutions and making it harder for good ones to flourish in societies more precariously balanced than ours.

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