2/06/2008

"The poor aren't poor for a lack of charity"

William Easterly, professor of economics at New York University writes that for tomorrow's Wall Street Journal Editorial page, and much more that dovetails nicely with the beliefs and past writings of The FDC.

The gist of Easterly's op-ed is critical of Bill Gates recent drive for "creative capitalism", which The FDC has also criticized in this space, here.
Easterly correctly points out that:

"The parts of the world that are still poor are suffering from too little capitalism."

For more on that subject, see FDC post dated 1/15/2008 on the Wall Street Journal's annual Report on Economic Prosperity, here. That report measures economic freedom, but could just as well be a measure of wealth - as the two mostly go hand-in-hand.

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