All Posts Tagged With: "Robert Mugabe"

Why “Inflation” Is Back

“Government,” observed the renowned Austrian economist Ludwig von Mises, “is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink.” Mises was describing the curse of inflation, the process whereby government expands a nation’s money supply and thereby erodes the value of each monetary unit—dollar, peso, pound, [...]

1Nov2008 | Lawrence W. Reed | 9 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 | James Peron | 5 comments | Continued
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