All Posts Tagged With: "developing countries"
Africans Whom Westerners Should Heed
At the G8 Summit in Scotland last July, hosted by Britains Tony Blair, European and North American politicians (all of them white) cried crocodile tears for the plight of black Africans. Echoing a gaggle of actors, rock stars, socialist ideologues, Third World dictators, and other learned economic-development
experts, they called for another transfer of wealth from developed nations to the undeveloped ones of Africawhich, by most measures, would seem to exclude no country on the continent.
Free Trade and the Climb Out of Poverty
Over the thousands of years of human history, poverty and early death have been the norm, with comfort and longevity the exceptions. The improvements in the human condition, at least on average, seen over the course of the twentieth century dwarf the improvements of the previous centuries combined. By virtually any measure one can imagine, [...]
1Mar2005 | Steven Horwitz | 0 comments | ContinuedHow’s the Third World Doing?
The Third World is in trouble. Standards of living are plummeting, while the West is getting richer. Nearly everyone seems to believe it. The left wants to believe it as a justification for global socialism. Racists want to believe it because it “proves” the superiority of the white race. The media think it’s a good [...]
1Sep2002 | James Peron | 0 comments | ContinuedThe Virtues of Sweatshops
Stefan Spath was formerly executive director of FEE. An acquaintance said to me the other day how appalling it is to see so many Americans revel in the gifts received during the holidays. “We should be ashamed of ourselves,” he lamented. “Most of this stuff was manufactured in sweatshops.” Such a misinformed notion shouldn’t go [...]
1Mar2002 | Stefan Spath | 2 comments | ContinuedWhy Economies Grow
Aaron Schavey is a policy analyst in the Center for International Trade and Economics (CITE) at the Heritage Foundation. One of the consequences of living in an affluent society such as the United States is that the poverty of the majority of the world is often overlooked. For instance, a recent report from the Organization [...]
1Nov2001 | Aaron Schavey | 2 comments | ContinuedStick to the Facts, Please
Tomas Larsson is a Swedish journalist, based in Thailand. He is a columnist for Finanstidningen, Sweden’s leading financial daily, and author of a recent book on globalization. “The Least Developed Countries 1999 Report” recently released by the United Nations Conference onTrade and Development (UNCTAD) in Bangkok paints a grim picture of the effects of global [...]
1Jul2000 | Tomas Larsson | 0 comments | ContinuedForeign Aid and International Crises
Mr. Bandow is a senior fellow at the Cato Institute and a nationally syndicated columnist. He is the author of several books, most recently, Tripwire: Korea and U.S. Foreign Policy in a Changed World. Few programs have consumed as many resources with as few positive results as foreign aid. Since World War II the United [...]
1Dec1996 | Doug Bandow | 2 comments | ContinuedSweatshops for the New World Order
Poverty is an anomaly to many Americans. When they encounter it in foreign countries they view it as an aberration of human relations: the rich are exploiting the poor who are forced to work for “slave labor.” In contemporary terminology, “profit-seeking multinational corporations are operating monstrous sweatshops for the New World Order.” What these Americans [...]
1Nov1996 | Hans F. Sennholz | 0 comments | ContinuedIs Inflation Dead?
Mainstream economists are telling us that “there’s little or no danger of inflation.” The rates of inflation have come down significantly in recent years and can be expected to remain benign in the future. In the developed countries, average price inflation in 1995 was about 2.5 percent. In most less developed countries, it moderated to [...]
1Aug1996 | Hans F. Sennholz | 2 comments | ContinuedHow Real Is the Asian Economic Miracle?
The post-war Asian economic miracle has come as a great shock to the economics profession. In my review of the top-ten textbooks (Economics on Trial, Irwin, 1993), few economists tell the wonders of Japanese prosperity and none reveals the secrets of the Four Tigers (Hong Kong, Singapore, Korea, and Taiwan) or the newly industrialized economies (Indonesia, Malaysia, and Thailand).
1Jul1996 | Mark Skousen | 1 comment | Continued-
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