ACC Archives

Month: December 2012
African Economist: “For God’s sake, stop the aid!”

Earlier this year Rand Paul gave an excellent speech on the floor of the Senate explaining that despite good intentions foreign aid often only goes to entrench cronies and to further corruption in the developing world. In this article in Der Spiegel Kenyan economist...

Bloomberg’s False Bromides

A new Bloomberg View (editorial) tells us that lack of fiscal stimulus (more government borrowing to spend) “is plainly holding back growth in the US, the European Union and Japan.”