The Nature of Economies Quotes

“Development isn't a collection of things but rather a process that yields things. Not knowing this, governments, their development and aid agencies, the World Bank, and much of the public put faith in a fallacious 'Thing Theory' of development. The Thing Theory supposes that development is the result of possessing things such as factories, dams, schools, tractors, whatever- often bunches of things subsumed under the category of infrastructure.

To suppose that things, per se, are sufficient to produce development creates false expectations and futilities.”
― Jane Jacobs, The Nature of Economies