When compared to any other point in history the world, we are astonishingly rich. Thanks to the interlinked miracles of … Continue reading “What’s the point of foreign aid?”

The UK has ditched the 0.7% of national income foreign-aid target after eight years of spending at this level. But … Continue reading “The 0.7% aid target was based on flawed modelling”

For politicians, there is something attractively simple about spending targets. Rather than argue the nuances of why the Government of … Continue reading “The case against spending targets”

Professor Easterly, 2015 Hayek Lecturer and Professor of Economics and New York University, sat down with Professor Philip Booth and … Continue reading “Interview with Professor Easterly on Institutions and Development”

Professor William Easterly, Professor of Economics at New York University, sat down with Professor Philip Booth (Academic and Research Director … Continue reading “Interview with Professor Easterly on Foreign Aid”

Despite widespread growth and unprecedented prosperity, almost a billion people live in absolute poverty. An entire industry has developed with … Continue reading “Does foreign aid work?”

Problems with foreign aid are pervasive. There is plenty of discussion in the development community about aid worsening corruption in … Continue reading “Conditional aid – a misleading vision”

While it may be true that richer nations have a moral obligation to assist those less fortunate than themselves, the … Continue reading “Foreign aid plans will be counterproductive”

Last month, the IEA co-published Lost Causes by Deepak Lal. The book can be bought from the IEA here. It … Continue reading “Lost Causes: The Retreat from Classical Liberalism”