Angus Deaton Famous Quotes
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If poverty is not a result of lack of resources or opportunities, but of poor institutions, poor government, and toxic politics, giving money to poor countries - particularly giving money to the governments of poor countries - is likely to perpetuate and prolong poverty, not eliminate it. The
Averages are no consolation to those who have been left behind.
It can be bad if the winners try to stop others from following them, pulling up the ladders behind them.
