At this Policy Forum, Independent Institute Senior Fellow Alvaro Vargas Llosa, former Bolivian President Jorge Quiroga, economist William Easterly, and a group of policy experts discuss the findings of the book, Lessons from the Poor. The speakers examine real-world examples of entrepreneurship and why instead of redistributing existing wealth, governments should free people so that they can create it.
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For decades, efforts to end world poverty have focused on redistributing wealth, rather than creating it. This approach, however, has done little to foster long-term economic progress in Africa.
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For more than a century U.S. foreign policy—whether conducted by Democrats or Republicans—has been based on the assumption that Americans’ interests are served best by intervening abroad to secure markets, fight potential enemies far from American shores, or engage in “democratic nation building.” But, what is the record of such policies, including now in Iraq?
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Environmental quality has been a major public concern since the first Earth Day in 1970, yet the maze of environmental regulations enacted since has fostered huge government bureaucracies better known for waste and failure than for innovation and success.
