Mises Daily
Author:
Jude Blanchette
Online Publish Date:
or through an international lending agency, foreign aid embodies all the failures and tragedies that have come to typify our government-run domestic poverty are distributed, enemies are punished. And despite its record of unmitigated failure, foreign aid, like welfare, has grown both in size and scope. For the sake for growth and development. In theory, welfare exists to correct a perceived market failure. Proponents assert that the private sector cannot provide alms to all