Posts Tagged William Easterly
The books I read in 2011 are listed below (alphabetically by author).
I didn’t read as much as I would’ve liked in 2011, and I also didn’t write about what I read as much as I would’ve liked. I hope to provide more reviews and “nuggets” from these books in the upcoming year, as many were impactful in the development of ideas discussed on this blog.
Here were some of my favorites:
- The Victory of Reason – Rodney Stark
- For God So Loved, He Gave – Kelly Kapic & Justin Borger
- The White Man’s Burden – William Easterly
- Living in God’s Two Kingdoms – David VanDrunen (enjoyment does not equal agreement!)
- Money, Greed, and God – Jay Richards
- The Holy Spirit in Mission – Gary Tyra
What did you read? What were your favorites?
In my most recent post at Common Sense Concept, I take a look at Bill Easterly’s recent interview with economist Deirdre McCloskey, author of the new book, Bourgeois Dignity: Why Economics Can’t Explain the Modern World.
McCloskey seeks to topple our conventional views of what leads to economic growth, arguing that much of it comes down to maintaining proper attitudes about liberty and dignity.
Her thesis, as explained in the interview, is as follows:
Modern economic growth — that stunning increase from $3 a day in 1800 worldwide to now upwards of $130 a day in the richest countries, and anyway $30 as a worldwide average — can’t be accounted for in the usual and materialist ways. It wasn’t trade, investment, exploitation, imperialism, education, legal changes, genes, science. It was innovation, such as cheap steel and the modern university, supported by an entirely new attitude towards the middle class, emerging from Holland around 1600. (It has parallels in classical music and mathematics and politics, in all of which the Europeans burst out, 1600-1800.)
As usual, I turn McCloskey’s theory toward Christianity, and more specifically, evangelicalism, examining how evangelicals tend to view such elements (nowadays) and whether those views are attributable to some recent sociological trend or the belief system itself.
To use the evangelical sphere as an example, there seems to be an increasingly common sociological disdain for innovation and markets, which seems to imply that the “tenets” of evangelicalism conflict with Read the rest of this entry »
In today’s post at Common Sense Concept, I summarize economist William Easterly’s marvelous dichotomy of planners vs. searchers.
Here’s the gist of the contrast:
The planners are the high-level organizers, sitting comfortably in their air-conditioned offices as they crunch numbers and try to plan their way to global prosperity. The searchers, on the other hand, are the folks on the ground, working effortlessly to locate direct needs, collaborate with on-the-ground resources, and create value.
The deeper issue, in my opinion, is that we need not confine such a contrast to matters of economic development. We as Westerners also need to transform our worldview to being that of a searcher.
Here’s another excerpt:
We as individuals, moral agents, and Christians, must become the searchers ourselves. Like an entrepreneur launching a new business opportunity, we need to get as close to the demand as possible. We cannot rely on a “fail-proof” plan for eliminating poverty. We cannot cower to a policy that promises to make the proper transfers on our behalf. Instead, we must expose ourselves to the searching process.
To read the full post, click here.
According to Easterly and Freschi, there have been some recent signs of success:
In any other country, such progress might seem ordinary or mundane, but as you probably know, Rwanda has had its fair share of economic turmoil. Most are familiar with the tragic genocide that rocked Rwanda in 1994, but Rwanda’s socio-economic woes have roots that go back much further.
When it comes to the country’s coffee industry, Easterly and Freschi provide a brief history:
The history of coffee in Rwanda is intertwined with the country’s political fortunes, and stretches back to the 1930s when the Belgian colonial government required Rwandan farmers to plant coffee trees, while setting price restrictions and high export taxes, and controlling which firms could purchase coffee. These policies helped create a “low-quality/low-price trap” that would bedevil the post-colonial governments that continued similarly heavy-handed policies.
This poor foundation held the country down for most of the century, but it reached its inevitable collapse after the Read the rest of this entry »