Wednesday, February 11, 2009

DANG (23) - Foreign Aid

The state should not become a conduit for compulsory donations to people in other nations.

Foreign Aid is the process by which poor people in rich countries give money to rich people in poor countries (Peter Bauer).
The problem with government aid is that it is usually channelled through government agencies in the recipient country. Politicians are expert at wasting other people's money, so it is a mistake to give politicians in even more money to control (and waste).

If people want to help people in poor countries, they should give through individuals or organizations that are accountable for the money they handle.

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