"Given the amount of time, energy, intellectual firepower, academic publication, and advocacy that go into discussions of anti-poverty programs one might think they are a large part of the 'solution' to global poverty. But they just have not been." https://lantpritchett.org/there-is-only-one-poverty-strategy-broad-based-growth-part-i/ …
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I mostly left government policymaking for this reason, but it’s hard for me to overstate just how difficult it is to accept that there’s little “we” (government) can deliberately “do” to solve a terrible problem, other than us being good free market consumers.
It might be easier to accept if seen from the more optimistic direction: economic growth is amazingly effective at eliminating poverty.
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FWIW, psychedelics helped me accept optimism in markets. My political science/public policy education was an injection of guilt and narcissism, justifying how we can and should solve all these problems with expertise and force of law. it was an emotionally challenging extraction
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What is missing here is that government plays a huge part in economic growth AND market making. A modern example is Tesla and SpaceX. The US government wanted to create a market for space and a market for electric cars which led to Tesla and SpaceX.
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And if you go further back, the majority of the computer industry and other high tech industries incubated in the public sector for decades until they were privatized. The internet, again create by the government, alone created trillions in economic growth.
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Lant Pritchett has written extensively on something governments _can_ do to eliminate poverty: open borders (or to put it another way, something governments can stop doing and thereby eliminate poverty: stop restricting migration).
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