Question: What do you think about professor Jeffrey Sachs' argument for a dramatic increase in foreign aid? Do you side with William Easterly in the debate?
Answer: My reaction is: plague on both your houses! […] I doubt professor Sachs ever pays attention to [...] sophisticated objections, always dismissing those who raise them as if they were wicked conservatives with horns and no brains. But Easterly is equally wrong in arguing that aid hardly works.
The full interview with Mr. Bhagwati is here.
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