The earth produces a reliable stream of disasters. Some, like AIDS, are chronic; others, like earthquakes or hurricane Katrina, are sudden displays of natural force. In each case, it is expected that a well-financed relief effort will descend from a wealthier region. But importing assistance may not only be less effective; it might actually cause more damage in the long run.
When a tsunami hits, the first impulse is to bring in First-World experts. Rescue is the initial priority, followed by ensuring food, shelter, and medical aid. It is just a matter of getting things done, and it must be done the most effective way, so the operations occur according to the institutional philosophies of donor countries.
But siphoning the habits of one culture into another during a rebuilding process can trigger societal changes that are almost as damaging as the disaster itself, as happened in a small fishing villages in the Philippines in the late 1970’s.
Although neoclassical economics relies on assumptions that should have been discarded long ago, it remains the mainstream orthodoxy. Three recent books, and one older one, help to show why its staying power should be regarded as a scandal.
reviews four books that shed light on the unjustifiable hegemony of the neoclassical school.
The earth produces a reliable stream of disasters. Some, like AIDS, are chronic; others, like earthquakes or hurricane Katrina, are sudden displays of natural force. In each case, it is expected that a well-financed relief effort will descend from a wealthier region. But importing assistance may not only be less effective; it might actually cause more damage in the long run.
When a tsunami hits, the first impulse is to bring in First-World experts. Rescue is the initial priority, followed by ensuring food, shelter, and medical aid. It is just a matter of getting things done, and it must be done the most effective way, so the operations occur according to the institutional philosophies of donor countries.
But siphoning the habits of one culture into another during a rebuilding process can trigger societal changes that are almost as damaging as the disaster itself, as happened in a small fishing villages in the Philippines in the late 1970’s.
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