O D H A V B L O G

The life and times of a man on the edge... of insanity... of breakthrough... of enlightenment... of failure... This is ODHAV BLOG

Thursday, October 27, 2005

Here's a very interesting, and somewhat counter-intuitive take on African aid and the problem of poverty. In it, an African economist describes how the money pouring into African countries often does more to hurt the people in the nation than it does to help them.

File under counter-intuitive economic consequences that few understand and politicians scorn, next to minimum wage laws, welfare, and virtually every other form of government economic intervention.

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