Thursday, April 16, 2009

Developing Markets

Apt advice for those who seek to revive the economy or develop new ones: let loose the entrepreneurs (FT) from William Easterly's book review of Alan Beattie's False Economy (Amazon, via AntiDismal):

The best response is not to have increasingly convoluted advice by experts, but to let individuals with local knowledge roam free by trial and error to find their own successes.

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