kenyanomics

• Reducing Poverty through Economic Freedom

  Posted: September 13, 2007, 1:24 pm by Kenyanomics

  The following piece appears in today's In Brief, a publication of the Foundation for Economic Education
  
  The worldwide obsession with poverty eradication is a major threat to economic freedom in developing nations. Through central planning, governments and aid agencies are busy blocking poor people’s road to prosperity. The United Nations' Millennium Development Goals (MDGs) -- which seeks to magically reduce worldwide poverty by half before 2015 -- is the most popular, and disastrous, plan। The MDG Secretariat is urging developed countries to double their foreign aid, which will be used to promote UN programs on extreme hunger; primary education; gender equality; child mortality; maternal health; HIV/AIDS, malaria, and other diseases; environmental sustainability; and global partnership for development. The UN claims that poverty would be history if those issues were addressed. But it ain’t so! Things would be worse, considering that poor nations are being encouraged to spend more on the aforementioned programs. This would widen avenues of corruption and increase budget imbalances, both of which have crippled Third World economies for decades.
  
  Then enter the Bretton Woods Poverty Reduction Papers (PRSP) that . . . read the entire article here

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Fish cakes

Alas a fish cake.

Yet more fish cakes

Guess what ... yeah ... fish cakes.

The end of the fish cakes