09 Aug 2016
by Jim Rose
in development economics, growth disasters, growth miracles, law and economics, property rights
Tags: Brazil, doing business, Oxfam
Oxfam International managed to post a video clip blaming Brazilian poverty on inequality then tweet the same day on an important cause of poverty in developing nations. That important cause was the difficulty of establishing property rights in poor countries.
Brazil is a terrible place to start a business, register property, pay taxes and trade across borders to name but a few of many deficiencies is a business environment. Little wonder that it is poor because of all these factors that are within the remit of its government.
Source: Doing Business in Brazil – World Bank Group.
Oxfam International would serve the poor of Brazil and the rest of the Third World far better by spending more time complaining about bad business environments.
Countries that embraced capitalism such as in East Asia did far better than those in Latin America that hesitated and preferred crony capitalism.
Oxfam mislead its readers about the degree of inequality in Latin America compared to the past.
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11 May 2016
by Jim Rose
in applied price theory, development economics, economic history, growth disasters, growth miracles, income redistribution, international economic law, international economics, Public Choice, rentseeking
Tags: antiforeign bias, Left-wing hypocrisy, neocolonialism, Oxfam, rational irrationality, reactionary left, tax havens, TPP
I hope none in this clip protesting against tax havens as short changing everybody else were fresh from protesting how international economic agreements such as the TPPA infringe on the sovereignty of countries.
If you standing up for national sovereignty that includes standing up for the right of other countries doing things that you do not like within their own country.
If countries have the right to set taxes and tariffs as high as they like, they have just the same right to set them as low as they like.
All that plucky rhetoric of TPPA no way and how international economic agreements violate the sovereignty of countries and developing countries in particular is forgotten in a flash by Oxfam.
Oxfam manages the blinding hypocrisy of opposing the Transpacific Partnership on national sovereignty grounds and at the same time call for international treaties to bully small countries about their tax policies, which overrides their economic sovereignty.
The sovereign rights of developing countries to find their own way does not extend to undermining the tax bases of the rich countries struggling to finance their welfare states.
The Pacific Islands, the once were heroes of the recent Paris climate talks, turn into pariahs once they start looking out for themselves and setting up offshore financial centres and tax havens.
Developing countries are free to impoverish themselves by embracing socialism, but if they decide to attract investment and jobs through low tax rates and offshore financial centres, a new form of colonialism is embraced by the reactionary left as embodied by Oxfam.
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30 Jan 2016
by Jim Rose
in applied price theory, applied welfare economics, development economics, economic history, growth disasters, growth miracles, international economics
Tags: customs unions, free trade agreements, globalisation, Jane Kelsey, Leftover Left, Oxfam, Paul Krugman, preferential trading agreements, rational irrationality, TPP, Twitter left, Yes Minister
https://twitter.com/TPPMediaMarch/status/692055631579185152
If George Bush had not won the 2000 presidential election, Paul Krugman would have taken over as the best communicator of economics since Milton Friedman. Instead, he became patient number no.1 of George Bush derangement syndrome. Ann Coulter was patient no. 1 of Clintons derangement syndrome.
Source: Enemies of the WTO.
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14 Nov 2015
by Jim Rose
in development economics, energy economics, environmental economics, growth disasters, growth miracles
Tags: Africa, child poverty, energy poverty, extreme hunger, extreme poverty, global hunger, Greenpeace, Oxfam, The Great Escape
12 Oct 2015
by Jim Rose
in development economics, energy economics, entrepreneurship, environmental economics, environmentalism, growth disasters, growth miracles
Tags: energy poverty, expressive voting, global poverty, green rent seeking, Leftover Left, Oxfam, rational ignorance, rational irrationality, stream poverty, The Great Escape
30 Sep 2015
by Jim Rose
in comparative institutional analysis, constitutional political economy, development economics, economic history, growth disasters, growth miracles, liberalism, Public Choice
Tags: capitalism and freedom, Leftover Left, New Zealand Greens, Oxfam, The Great Enrichment, The Great Escape, The Great Fact, Twitter left
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29 Sep 2015
by Jim Rose
in applied price theory, applied welfare economics, development economics, econometerics, economic history, growth disasters, growth miracles, human capital, labour economics, Marxist economics, poverty and inequality, rentseeking
Tags: activists, do gooders, expressive voting, Leftover Left, Oxfam, rational ignorance, rational irrationality, Twitter left
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15 Jul 2015
by Jim Rose
in development economics, growth disasters, growth miracles, health economics, technological progress
Tags: activists, do gooders, extreme poverty, global poverty, infant mortality, Left-wing hypocrisy, life expectancies, mass kidnappings, ODA, overseas aid, Oxfam, The Great Escape, The Great Fact
14 Jul 2015
by Jim Rose
in applied welfare economics, comparative institutional analysis, constitutional political economy, development economics, economic history, economics of bureaucracy, growth disasters, growth miracles, liberalism, Marxist economics, Public Choice
Tags: extreme poverty, global poverty, ODA, overseas aid, Oxfam, professional activists, professional do-gooders, The Great Escape, The Great Fact
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