Independence and the need for human capital

Political liberty would prove hollow if not accompanied by economic progress.

In Summary

• For most citizens of the former colonies, economic progress was very narrowly defined as revolving around just two things:

• The ascension of educated local elites to white-collar jobs and the possession (or repossession) of land for the masses.

Just about every Kenyan schoolchild knows the reason why in 2008, America was able to elect as president, a senator from Illinois who we Kenyans very much regarded as “one of us”. It is that the ...

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