MANHATTAN
INSTITUTE THE MANHATTAN INSTITUTE
IS PLEASED TO ANNOUNCE THE WINNER OF OUR
2008 Hayek Prize
AUTHOR OF: The White Man’s
Burden: Why the West’s Efforts to Aid the Rest (Penguin, 2006)
PLEASE JOIN
US AS PROFESSOR EASTERLY DELIVERS “Hayek vs.
the Development Experts”
THURSDAY,
OCTOBER 23, 2008
UNION CLUB
William
Easterly is professor of economics at New York University and
co-director of NYU’s Development Research Institute. He is
also a research associate of the National Bureau of Economic Research
and a non-resident fellow of the Brookings Institution and the
Center for Global Development. After sixteen years as a World
Bank economist, in 2001 Easterly wrote The Elusive Quest for
Growth: Economists’ Adventures and Misadventures in the Tropics
in which he offers a devastating critique of international efforts
to spur third world development. Easterly elaborates on that theme
in The White Man’s Burden arguing that “searchers,”
who look for bottom-up solutions to specific problems, can accomplish
more than “planners,” who believe in imposing grand,
top-down plans on poor countries.
The
Hayek Prize is a new Manhattan Institute award that honors the
book published within the past two years that best reflects Hayek’s
vision of economic and individual liberty. The purpose of the
award is to recognize the long running influence of The Road
to Serfdom and to encourage other scholars to follow Hayek’s
example. The winner of the Hayek Prize is chosen by a selection
committee of distinguished economists and journalists and asked
to deliver our annual Hayek Lecture. The Hayek Prize and Lecture
are underwritten by a grant from the Thomas W. Smith Foundation.
