US foreign aid has largely failed to improve living conditions for ordinary people in recipient countries, instead improving conditions for their leaders and friends; aid serves two domestic constituencies—those buying US influence by paying off dictators, and those disposing of surplus food and clothing that devastate recipient countries' domestic industries.

causalpending

Speaker

Russ Roberts

Evidence Quote

it appears to have mainly created better living conditions for the leaders of these countries and their friends

Source

Mike Munger on Fair Trade and Free Trade 12/3/2007EconTalk
Created: 6/17/2026, 10:31:24 AM

My Notes

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