All Posts Tagged With: "World Bank"

Orient Express to Hell

In 1986 and 1987 I slipped behind the Iron Curtain a few times to study economic perversity and political slavery. In November 1987 I flew into Hungary before heading on to the most repressive regime in Europe. The train from Budapest to Bucharest, Romania, was called the Orient Express. The original Orient Express began in [...]

20May2010 | James Bovard | 4 comments | Continued

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 | Continued

Remembering Henry Hazlitt

Henry Hazlitt was one of a very special breed, an economic journalist who not only reported on economic and political events in clear and understandable language, but also made contributions to economics. When I arrived at FEE in 1951, I was just a neophyte in the freedom philosophy. Hazlitt was a trustee, author of the [...]

1Nov2004 | Bettina Bien Greaves | 2 comments | Continued

The Elusive Quest for Growth: Economists’ Adventures and Misadventures in the Tropics

As this is being written, the television talking heads are imploring us “not to walk away” from Afghanistan and to “invest” billions there instead. Before buying into that idea, everyone should read this book by a former World Bank economist whose forthrightness has evidently cost him his job. Early on, Easterly makes the following observation [...]

16Mar2003 | John T. Wenders | 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 | James Peron | 5 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 | Doug Bandow | 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 | Mark Skousen | 2 comments | Continued

Book Review: Faith & Credit: The World Bank’s Secular Empire by Susan George and Fabrizio Sabelli

Westview Press • 1994 • 282 pages • $63.50 cloth; $16.95 paperback Mr. Ewert is the editor of U-Turn, a quarterly publication addressing theological, political, economic, and social issues from a biblical perspective. Someone once put forth the aphorism: the enemy of my enemy is my friend. Presumably if you’re against something and I’m against [...]

1Feb1997 | Ken S. Ewert | 0 comments | Continued

Foreign 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 | Continued
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