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October 27, 2009



Charter Cities Mayor?

  1. October 27, 2009 8:18 pm

    Not to denigrate Oxfam too hard. Their aims are admirable even if they do sometimes exhibit shocking economic illiteracy. However, consider the incentives — Oxfam do not profit from solving world poverty. If world poverty were eradicated, there would be no Oxfam.

    And this, for me, is one of the most fundamental reasons for free market solutions such as free trade and competitive governance; no one cares more about the eradication of world poverty than the world’s poor. Free market solutions let them tell us how they want to do it, rather than letting us pat ourselves on the back for “saving” them.

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