August 14, 2009

Books

Money for Nothing?

Dead AidWhy Aid Is Not Working and How There Is a Better Way for AfricaDambisa MoyoFarrar, Straus & Giroux, $24, 208 pp.

Bethe Dufresne

It’s anyone’s guess whether Dead Aid, the title of Dambisa Moyo’s new book, will become as famous a phrase as “Live Aid,” the 1985 rock music extravaganza that raised money for famine-stricken Ethiopia. Thanks to a spring flood of publicity, however, Moyo’s catchy, unabashedly derivative title is now part of the economic lexicon, and her thesis that aid has done mor (...)


 

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