Wednesday, January 19, 2005

The Bizarro World

Diplomad has a handy top ten list of wrong ideas still held by people around the world. Among them:

2) Foreign Aid Helps Poor People. No. Foreign aid largely helps the High Priest Vulture Elite, airlines, restaurants, hotels, car-rental companies and other service industries that cater to the HPVE. Freedom, trade, capitalism and education help poor people. Plus it also matters that their culture teaches them a work ethic (see number 8 below). The old saw that "foreign aid is when the poor people of a rich country give money to the rich people of a poor country" has more than a kernel of truth. BTW, try to name any country that has been developed by foreign aid.

Have a look at the rest of the list here.

Comments: Post a Comment

<< Home

This page is powered by Blogger. Isn't yours?