Economics is one of the most powerful of intellectual disciplines, applying enlightened scepticism to human society. Its analytical rigour often makes economists unpopular, but that ought to be a source of pride. Unfortunately, we are all too often our own worst enemies, as the formal study of...

There has been an unprecedented political focus on economic development and poverty reductions since the Gleneagles Summit of 2005, yet it seems economists have been unable to agree on how to capitalise on the opportunity. Is more aid the solution? Or the problem? This article argues that,...