Escaping Poverty

Lant Pritchett’s new working paper, “Alleviating Global Poverty: Labor Mobility, Direct Assistance, and Economic Growth” should be required reading for every Effective Altruist.  Bottom line: Virtually all poverty reduction comes from economic growth and migration – not redistribution or philanthropy.  The evidence will be fairly familiar to EconLog readers, but the framing is novel and powerful:

So think of two ways to help the global poor. One is for rich people (in a global sense) to give...

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Published on October 15, 2018 12:30
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