From the article:
Yes, it’s good news that vaccines, antibiotics, antimalaria drugs and other medical technologies have improved health to unprecedented levels in poor countries. The bad news is that the risk of death a child faces in a poor country is almost 15 times as high as that of a child in a rich country—and no number of small interventions will come close to closing this gap. The research by this year’s Nobel winners says little about how poor nations, and the people within them, can actually become rich, or at least much better off.
Many other economists are asking that question, and coming up with big answers. Michael A. Clemens, an economist at the Center for Global Development, has written that removing or substantially reducing barriers to immigration would create tens of trillions of dollars of additional income for people from poor countries, while also benefiting the rich countries to which they move. How about a Nobel Prize to Mr. Clemens for working on a big question?
