Easterly on Collier, again
Thirteen months after reviewing Paul Collier’s The Bottom Billion
in the Lancet, Bill Easterly strikes again in the NY Review of Books.
Once again, Easterly largely ignores Collier’s analysis of trade, aid, and governance, focusing on his arguments for military/security interventions. This new column merely fleshes out the objections he raised previously.
HT: Blattman
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Collier’s econometrics is a bit dodgy, mainly because of small sample problems imho, but Easterly comes across as cavalier himself … because Collier does discuss the problems of establishing causation, controlling for omitted variables etc. but you wouldn’t know that to read Easterly.