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Immigration, Part I: The Fantasy Solution of Foreign Aid

Immigration, Part I: The Fantasy Solution of Foreign Aid

by Dan Mitchell | Mar 25, 2021 | Blogs, Economics, Immigration, Society

Illegal immigration is again becoming a big issue, which always leaves me with mixed feelings. I think it’s great that the United States is a beacon of hope and opportunity for people around the world.I think it’s great when immigrants add more dynamism and...
Immigration, Part I: The Fantasy Solution of Foreign Aid

Capitalism Helps People in Poor Nations, Foreign Aid Helps Politicians in Poor Nations

by Dan Mitchell | Feb 15, 2020 | Big Government, Blogs

I wrote last October about how poor nations that followed the pro-market recipe of the “Washington Consensus” in the 1980s and 1990s got good results. Johan Norberg addresses the same topic in this video. Sadly, international organizations are infamous nowadays...
Belated Applause for the “Washington Consensus”

Belated Applause for the “Washington Consensus”

by Dan Mitchell | Oct 5, 2019 | Blogs, Economics, Free Market

Last century, I remember reading about the “Washington Consensus,” which was a term that was used to describe the kind of policy advice in those days provided to (or imposed upon) the developing world by the IMF, World Bank, and U.S. Treasury. I never studied the...
Foreign Aid Won’t Reduce Illegal Immigration from Central America

Foreign Aid Won’t Reduce Illegal Immigration from Central America

by Dan Mitchell | Apr 4, 2019 | Big Government, Blogs

Even though I (correctly) doubted the Trump Administration’s sincerity, I applauded proposed reductions in foreign aid back in 2017. I very much want to reduce poverty in poor nations, of course, but the evidence is very strong that government handouts don’t do a very...
Thanks to the EBRD, American Taxpayers Are Subsidizing Cronyism in Eastern Europe

Thanks to the EBRD, American Taxpayers Are Subsidizing Cronyism in Eastern Europe

by Dan Mitchell | Apr 27, 2018 | Big Government, Blogs, Europe

Because of their aggressive support for bigger government, my least-favorite international bureaucracies are the International Monetary Fund and the Organization for Economic Cooperation and Development. But I’m increasingly displeased by the European Bank for...
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