Acton Institute Powerblog Archives

Post Tagged 'foreign aid'

The Most Corrupt Countries

Forbes is featuring a slideshow highlighting a series of the most corrupt countries around the world, based on findings from Transparency International. The list of the “The Most Corrupt Countries” includes Chad, Bangladesh, Turkmenistan, Myanmar, Haiti, Nigeria, Equatorial Guinea, Cote D’Ivoire, Angola, Tajikistan, Sudan, Somalia, Paraguay, Pakistan, Kenya, and the Democratic Republic of Congo. Continue Reading...

Aid Does Not Equal Growth

The traditional formula for understanding the relationship between the developed and the developing world is the following: Aid = Economic Growth. That is, foreign aid spurs economic development in poorer nations. Continue Reading...

Acton Ad Campaign Update

Acton is wrapping up a three-month project that had print advertisements running in several publications: WORLD, Crisis and the Michigan Catholic. The idea is to get people thinking about the economic consequences of trade policies and the power of entrepreneurial creativity. Continue Reading...

Foreign Aid vs. Economic Freedom II

Jay Richards’ previous post on Richard Rahn’s article “Not Rocket Science” illustrates Huxley’s famous statement about a fact destroying a theory. Jay quotes Rahn’s lists of the politicians and development experts who support increased foreign aid. Continue Reading...