All Posts Tagged With: "foreign aid"

An Honor Deserved, A Champion of Freedom Mourned

With great sadness we at FEE received the news that Peter Bauer, 86, had died on May 2. Perhaps we took it harder because we were still rejoicing over his winning the Cato Institute’s first Milton Friedman Prize for Advancing Liberty. So many meaningless awards are given out; it was a pleasure to see a [...]

1Jul2002 | | 1 comment | Continued

After That

“Somewhere in the world today walks the next Marx. But he is not a communist. . . . Nonetheless, he or she will attempt to seize upon the trends behind today’s headlines to shape a competitor to ‘American capitalism’ that the disenfranchised in nations around the world can embrace.” —DAVID ROTHKOPF1 David Rothkopf, chairman and [...]

1Jun2002 | | 3 comments | Continued

Let Our Allies Defend Themselves

Doug Bandow, a nationally syndicated columnist, is a senior fellow at the Cato Institute and the author and editor of several books. When U.S. Defense Secretary Donald Rumsfeld and Secretary of State Colin Powell visited Canberra for the annual AUSMIN (Australia-US Ministerial) consultations earlier this year, mutterings of disappointment were heard. Peter Hartcher of the [...]

1Dec2001 | | 0 comments | Continued

The Sorry Record of Foreign Aid in Africa

For almost half a century the countries of Africa have been awash in aid. Hundreds of billions of dollars have been given to African governments. More billions were lent to these same governments. Countless tons of food have inundated the continent, and swarms of consultants, experts, and administrators have descended to solve Africa’s problems.

1Aug2001 | | 5 comments | Continued

Whatever Happened to the Egyptians?

“Governments are generally reluctant to admit mistakes and to change mistaken policies until much harm has been done.” —P. T. Bauer and B. S. Yamey 1 In Whatever Happened to the Egyptians? (American University in Cairo Press, 2000), a popular book in Egypt, author Galan Amin raises a good question. Thousands of years ago Egypt [...]

1Aug2001 | | 0 comments | Continued

Deliver Us from Evil: Peacekeepers, Warlords and a World of Endless Conflict by William Shawcross

Simon & Schuster • 2000 • 413 pages • $27.50 The end of the Cold War led many people to hope for a new world order in which the United Nations would impose peace around the globe. But that dream died in the streets of Mogadishu, Somalia, and in villages across Rwanda. It died along [...]

1Jun2001 | | 0 comments | Continued

P. T. Bauer’s Market-Liberal Vision

Today it is not unusual to hear it suggested that the undeveloped world’s best hope lies in private property, the market economy, and the rule of law. But a short time ago, that suggestion would have scandalized many audiences. Peter Bauer is a major reason for that shift. Lord Bauer, the son of a Budapest [...]

1Oct2000 | | 0 comments | Continued

Economic Freedom or Foreign Aid?

In a world of plenty want abounds. To blame are big corporations, international trade, and open markets, according to demonstrators who have been attacking the World Trade Organization. In fact, they couldn’t get it more wrong. Economic liberty and exchange offer the world’s poor the best hope of a better future.

1Jul2000 | | 0 comments | Continued

Will the Savings Crisis Lead to Stagnation?

“There is a virtuous cycle in which high growth promotes high saving, and high saving in turn promotes high growth.” —Joseph Stigltz, Chief Economist, The World Bank “America’s Expansion Cannot Be Sustained.” —The Economist, November 6, 1999 In a return to the principles of classical economics, more and more economists agree that thrift is a [...]

1Mar2000 | | 0 comments | Continued

New Excuses for Old Failures

Doug Bandow, a nationally syndicated columnist, is a senior fellow at the Cato Institute and the author and editor of several books, including Tripwire: Korea and U.S. Foreign Policy in a Changed World. Foreign aid, argues President Bill Clinton, is “designed to keep our soldiers out of war.” He threatened to veto this year’s $12.7 [...]

1Jan2000 | | 0 comments | Continued

A Private-Sector Solution to Poverty

“The able bodied poor don’t want or need charity. . . . All they need is financial capital.” —Muhammad Yunus For years free-market economists have protested the waste and abuse of foreign aid programs, International Monetary Fund loans, and World Bank projects.[1] P.T. Bauer has been in the forefront as a dissenter against government development [...]

1Dec1999 | | 2 comments | Continued

Alliances: What’s Friendship Got to Do With It?

Doug Bandow, a nationally syndicated columnist, is a senior fellow at the Cato Institute and the author and editor of several books, including Tripwire: Korea and U.S. Foreign Policy in a Changed World. America is the “indispensable nation,” as Secretary of State Madeleine Albright likes to put it. But while the United States is supposedly [...]

1Feb1999 | | 0 comments | Continued

Global Taxes for World Government

Laurence Vance is an instructor at Pensacola Bible Institute and a freelance writer living in Pensacola, Florida. Many Americans have at least some knowledge about the Stamp Act of 1765, so instrumental in setting the stage for the American Revolution. But who among us has ever heard of former United Nations Secretary-General Boutros Boutros-Ghali’s proposal [...]

1Sep1998 | | 1 comment | Continued

The Taiwan Model

Hugh Macaulay was Alumni Professor of Economics Emeritus at Clemson University. He was a visiting professor at National Taiwan University in Taipei from August 1984 to July 1985. People at all times in the past and everywhere on earth today have wanted to enjoy economic growth and prosperity, as well as political and personal freedom. Unfortunately, [...]

1Jul1998 | | 0 comments | Continued

The U.S. (Dis)Information Agency

Tom Palmer is director of the Project on Civil Society at the Cato Institute in Washington, D.C. Being the skunk at the garden party is generally not very pleasant. And biting the hand that invites you can seem ungrateful. But when the organizer of the party is funded by the taxpayers and is both lobbying [...]

1Feb1998 | | 0 comments | Continued

The Road to Hell by Michael Maren

The Free Press • 1997 • 302 pages • $25.00 Mr. Vance is an instructor at Pensacola Bible Institute and a freelance writer living in Pensacola, Florida. The old cliché says: The road to hell is paved with good intentions. That is, the best of intentions often result in the worst of consequences. Yet, although [...]

1Jun1997 | | 1 comment | Continued

The Role of Government: Promoting Development or Getting Out of the Way

Mr. Bandow, a monthly columnist for The Freeman, is a Senior Fellow at the Cato Institute and the author and editor of several books, including Perpetuating Poverty: The World Bank, the IMF, and the Developing World. Of all the tasks assumed by government, none is more inappropriate than that of promoting economic development. It is [...]

1Mar1997 | | 2 comments | Continued
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