Is aid (and World Cup) success in the error term?

Bill Easterly gives us a sensible lesson on the role of luck in the World Cup (and world aid).

A backlash ensued. Luck in football? Luck in aid? Bill gives his responses. I point people to this excellent Radiolab broadcast from 2009, on Stochasticity. Radiolab’s easily my favorite show (and podcast) after This American life. Highly recommended.

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