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« Leland Yeager on the Crisis | Main | New Issue of Critical Review on Financial Crisis »

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Thank you for posting Bill Easterly's article. It deserves to be read on a nation-wide scale. I don't think it could have been said better.

"At some point, ... doubt becomes an excuse for inaction, while the problems of insecurity remain real enough." - Collier

I have not read Collier's work, but presuming that Easterly's use of the above quote is not misleading, I think Collier is either forgetting or ignoring the sceptics most important objection. By casting the issue as one of doubt, Collier suggests that sceptics are holding back for further research, more evidence, and better statistical analyses. However, I think sceptics hold back not from doubt but from conviction, the conviction that Collier's intellectual hubris will have unintended--and destructive--consequences.

Dr. Boettke: Thank you for the links in this blog. It seems that Drs. Easterly and Coyne give strong critiques of Collier's work on socialist-collectivist interventionism--an attitude that is akin to 'It takes a village (the UN) to raise a child (developing nations).'

I wonder how they reacted to the corporatist
equivalent that can be found offered in Thomas Barnett's 'The Pentagon's New Map', which advocates a position of unilateral interventionism?

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