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...
Published on October 15, 2018 12:30