Book Reviews › Money › The Elusive Quest for Growth
Honest review · Money
The Elusive Quest for Growth
by William Easterly
Fifty years of failed growth panaceas: aid, investment, education, population control, debt relief, and why incentives matter. Rigorous and readable.
Read it if…
you want the history of development theory's failures.
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Skip it if…
you want current policy.
Try instead: The Tyranny of Experts →
Three things you will actually use
- People respond to incentives.
- Panaceas fail.
- Incentives, incentives.
Do this first
Read the chapter on investment as panacea.
Our verdict
Growth's failed cures.
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