Introduction by the Blog Author
Jeffrey Sachs sucks. He thought African villagers would make microeconomic decisions just the way an economics professor would predict.
But they don’t.
Citizens of the third world follow culture and tradition rather than the gimmicks imposed on them by outsiders.
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Jeffrey Sachs plan to uplift Africa failed spectacularly. Nina Munk explains the disaster in The Idealist: Jeffrey Sachs and the Quest to End Poverty,a book reviewed by the Globe and Mail by Margaret Wente.
The review is online at:
http://www.theglobeandmail.com/commentary/how-jeffrey-sachs-failed-to-save-africa/article14436055/
Jeffrey Sachs sucks. He thought African villagers would make microeconomic decisions just the way an economics professor would predict.
But they don’t.
Citizens of the third world follow culture and tradition rather than the gimmicks imposed on them by outsiders.
= = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = =
Jeffrey Sachs plan to uplift Africa failed spectacularly. Nina Munk explains the disaster in The Idealist: Jeffrey Sachs and the Quest to End Poverty,a book reviewed by the Globe and Mail by Margaret Wente.
The review is online at:
http://www.theglobeandmail.com/commentary/how-jeffrey-sachs-failed-to-save-africa/article14436055/
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