The Tyranny of Experts: Economists, Dictators, and the Forgotten Rights of the Poor
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In The Tyranny of Experts, economist William Easterly, bestselling author of The White Man’s Burden, traces the history of the fight against global poverty, showing not only how these tactics have trampled the individual freedom of the world’s poor, but how in doing so have suppressed a vital debate about an alternative approach to solving poverty: freedom. Presenting a wealth of cutting-edge economic research, Easterly argues that only a new model of development—one predicated on respect for the individual rights of people in developing countries, that understands that unchecked state power is the problem and not the solution —will be capable of ending global poverty once and for all.
neighborhoods as having organically evolved to meet the needs of residents, as embodiments of social networks that helped prevent crime (her famous “eyes on the street”), and as incubators of innovation.34 She might have added that they also were a source of democratic resistance to technocratic officials who would eradicate those same neighborhoods if they could. The belief in all-knowing experts fades when they are applying their conscious direction to you. Moses had won almost all of his
positive change in well-being for the world’s poor. These incremental changes are already happening. We discussed Benin’s history as both victimizers and victims of the slave trade. We left off the story of Benin in Chapter Seven with a brutal military dictator named Mathieu Kerekou, who had been in power since 1972. In 1989, a wave of strikes and protests challenged the economic mismanagement and corruption under Mathieu Kerekou. On January 9, 1989, teachers at high schools in Cotonou and the
valuing individual freedom, opportunity, achievement, advancement, recognition and negatively on valuing harmony, cooperation, relations with superiors.37 We also have available the democratic-capital measure previously discussed, so we can now verify across countries that democratic capital is strongly associated with individualism. Countries in the bottom third across the world’s countries on both individualism and democratic capital include China, Indonesia, Malaysia, Singapore, and Vietnam.
Greene Street block after the slave Gratia d’Angola would eventually be Nicholas Bayard. Bayard (1644–1707) belonged to a family that was the New York equivalent of the Colombian Mosqueras, the elite family that had rotated power amongst their members in the nineteenth century in Colombia. Bayard’s mother was sister of New Amsterdam’s most powerful governor, Peter Stuyvesant, while his father’s sister was the wife of Stuyvesant. Bayard trained as Uncle Stuyvesant’s private secretary, and then
Benjamin’s brother Jacob to make a living as an importer of dry goods (such as fabrics and clothing). FIGURE 8.1The only remaining building on the Greene Street block from the 1820s–1850s residential era. (Author’s photo, 2013.) * * * Booming trade requires a finance industry. Importers need loans to buy their goods, which they then repay after they sell the goods. No finance, no trade. When trade booms, finance booms. Benjamin’s uncle and cousins would get rich from finance. The Seixas