Tag Archives: foreign aid

Why are some countries rich and others poor?

There appears to be a tradition among our country’s lawmakers of using the law to redistribute wealth rather than to help create it. From this standpoint, the law is essentially a mechanism for sharing a fixed stock of wealth among … Continue reading

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Why Adam Smith Today?

Today, the world holds almost seven billion people living in more than two hundred countries. Most of these people (about 80%) are living and have lived for centuries in poverty. The remaining 20% — many of those living in North … Continue reading

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