William Easterly

William Easterly

Economist; Profesoor of Economics, New York University

William Easterly is Professor of Economics at New York University, joint with Africa House, and Co-Director of the NYU Development Research Institute. He is also a non-resident Fellow of the Center for Global Development in Washington, D.C. Easterly received his Ph.D. in Economics at MIT and spent sixteen years as a Research Economist at the World Bank. He is the author of The White Mans Burden: How the Wests Efforts to Aid the Rest Have Done So Much Ill and So Little Good (Penguin, 2006), The Elusive Quest for Growth: Economists' Adventures and Misadventures in the Tropics (MIT, 2001) and over 50 published articles. Easterly's areas of expertise include the determinants of long-run economic growth and the effectiveness of foreign aid. He has worked in most areas of the developing world, but most notably in Africa, Latin America, and Russia. Easterly is an associate editor of the Quarterly Journal of Economics, the Journal of Economic Growth, and of the Journal of Development Economics.

17mins
Early exposure to Africa sparked Easterly’s interest in economics.
1mins
I don’t think things work that way, Easterly says.
1mins
The West has been able to put the individual above the collective.
2mins
The West, Easterly says, can’t do much to solve the conflict.
4mins
Our prescriptions contradict our own path to success.
2mins
Individual creativity and freedom is the mainspring of all human progress.
3mins
It’s going to be Africans that save Africa.
1mins
Africa hasn’t done so bad for a continent created under such inauspicious conditions.
5mins
Easterly takes on his intellectual rival.
6mins
How do we make sure aid gets where it’s going?
2mins
“Economics says there’s this genius of the invisible hand that makes wealth happen without anyone intending it.”
1mins
Easterly talks about a question he would ask.
5mins
Let African farmers sell their cotton on an open market.
2mins
Technology is very seductive to a lot of people, Easterly says.
2mins
American foreign policy has created a hornet’s nest.
2mins
The tension between collective and independent action has shaped both the developing and developed worlds.