Over at EconLog, my GMU Econ colleague Garett Jones exposes the deep flaw in the pop-myth that people in rich nations routinely exploit people in poor nations. Here’s a slice of Garett’s good sense:
Billions of people endure wretched poverty in unproductive countries. But all that suffering isn’t paying off that well for people in the productive countries.
Yes, you should start using the term “unproductive” instead of “poor.” The first term keeps the attention on the supply side–where, in the long run, it surely belongs. Focusing on the supply side might encourage the creation of solutions; at the least it will encourage better thinking.