Discussion: Equality, the Third World, and Economic Delusion

Author: P. T. Bauer

Description: In Equality, the Third World, and Economic Delusion, P. T. Bauer critiques the prevalent views on economic development and equality, particularly in relation to the Third World. He argues that many development policies fail because they are based on misguided assumptions, such as the belief that inequality is the primary barrier to progress. Bauer emphasizes the importance of individual freedom, property rights, and market-driven solutions. He rejects the idea that economic aid and government intervention lead to sustained growth, advocating instead for a more pragmatic approach to development.

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