In his newest book, “The Tyranny of Experts,” William Easterly, a former World Bank economist who now teaches at NYU, attacks the top-down economic model that aid organizations and bureaucracies have pushed for decades. He…
Topic: World Bank
World Bank: Epic Fail
Development programs run by the World Bank and other multilateral agencies regularly fail because they rely on government aid rather than the free market, New York University economist William Easterly said recently at the Cato…