foreign aid

Clemens on migration, poverty, and domestic wages

Leave a Comment / Economics /

I enjoyed this EconTalk podcast with Michael Clemens of the Center for Global Development. Host Russ Roberts talked with Clemens about two of Clemens’s publications on foreign aid and migration.[1] A few interesting extracts with policy implications. Roberts and Clemens start with the big question of how to solve the problem of poverty. One approach […]

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Paul Theroux on ending aid to Africa

2 Comments / Entrepreneurship, Ethics /

In Barron’s, Paul Theroux argues that 150 years of aid to Africa has not helped much — and may have hurt more than it helped. Theroux discusses the failure of several recent externally-generated efforts, including Jeffrey Sachs’s top-down Millennium Project and the long history of well-meaning “Telescopic Philanthropists,” as well as Africa’s internal problems of

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