1. Skip to navigation
  2. Skip to content
  3. Skip to sidebar
Source link: http://archive.mises.org/10399/substitute-for-foreign-aid/

Substitute for Foreign Aid

August 4, 2009 by

Responsible Europeans would welcome a scheme under which future American investment were determined, not by political priorities, but by considerations of where the capital would bring the highest return. FULL ARTICLE BY F.A. HAYEK

{ 3 comments }

ShedPlant August 4, 2009 at 8:48 am

It’s not often you see an argument for economic intervention on mises.org!

Doc Merlin August 4, 2009 at 1:05 pm

This is precisely what has been done in the BrIC countries and has worked marvelously so far.

The Comrade August 5, 2009 at 5:35 am

I’m not going to support a scheme just because it says Hayek up the top. Reading this, I got the same eerie feeling I got when I read one of Milton Friedman’s books: The knowledge that an intelligent man wrote this, but somehow let particular statist arguments get to him.

Same style too. A little bit of economic theory then extensive specifics on some particular scheme.

Comments on this entry are closed.

Previous post:

Next post: