Issue 80 - 01 | A Call Against Complacency
By Dambisa Moyo Published March 9, 2011 12:00 a.m.

“Many will agree that a system of incentives is, and has been, the backbone of the success of the capitalist economic system. That over centuries, a network of incentives has driven innovation, which in turn has encouraged the inventiveness that has led to the unparalleled generation of ideas, goods, and services across America and the industrialized West.


Given the evidence and importance of positive incentives, why, over the past 50 years, have policymakers embarked on a systematic and deliberate strategy of putting in place a catalogue of policies that dis-incentivise citizens from acting in a manner that could be beneficial to their economies, and the world at large?”


About Dambisa Moyo | Dambisa Moyo is an international economist who comments on the macroeconomy and global affairs. She is the author of the New York Times Bestseller Dead Aid: Why Aid is Not Working and How there is a Better Way for Africa. In 2009 Ms. Moyo was named by TIME magazine as one of the “100 Most Influential People in the World,” and was nominated to the World Economic Forum’s Young Global Leaders Forum. Her writing regularly appears in economic and finance-related publications such as the Financial Times, The Economist and The Wall Street Journal. Her latest book is How the West Was Lost: Fifty Years in Economic Folly—and the Stark Choices Ahead (Published by Allen Lane in the UK, and Farrar, Straus and Giroux in the US). See for more information.

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