Stay updated with breaking news from William Easterly. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The MCAs must not be weighed down with earmarks, prohibitions, andpriorities that don't contribute to development efforts. Instead, the agency chosen to oversee the MCA funds should have thediscretion to target a small number of countries with proven trackrecords in embracing policies that lead to economic growth.
The idea that “grand corruption” by world leaders and powerful individuals able to shield themselves from domestic accountability should be considered a crime against humanity has percolated for years among anti-corruption advocates and international law experts.
Constitutional mechanisms to enhance democracy should be preferred to trusting the illusion of a benevolent dictatorship.
‘Benevolent dictatorship’ is not an easy egg to unscramble.
HL565: Taxes, Deficits, and Economic Growth