I see the aid industry a lot like a piano recital. It’s kind of boring and it’s tedious and most of the people are wasting their time. But every now and again by God we make a difference and when we do make a difference it really transforms economies and lives for a very long time….

That is Lant Pritchett on the unexpected consequences of aid and development.

See the summary, the slides, and listen to the lecture on Aid Watch.