Ghanaian economist and Research Fellow, George Ayittey argues that Africa is poor because it is not freedue to dictatorships. He spoke with host Justin Rowlatt and an audience at Paris Dauphine University in Paris.
In June 2005, the U.S. Supreme Court ruled in Kelo v. New London that local governments may force property owners to sell out and to make way for private economic development, even if the property is not blighted. In response, many states have passed legislation and proposed amendments to their state constitutions to block this unprecedented government assault on the rights of property owners.
Why has Africa, despite its rich history, cultures, and abundant resources, largely remained in the grip of dictatorship, starvation, genocide and war? How can this tragic legacy of colonialism, socialism, and plutocracy be replaced with the welfare of economic liberalization, individual rights, and the Rule of Law? Based on his new book, "Africa in Chaos," award-winning economist George Ayittey will examine the record of American statism and the revolution for free-market societies.
George B. N. Ayittey
Professor of Economics, American University
Author, Africa in Chaos and Africa Betrayed
David J. Theroux
Founder and President, The Independent Institute